Cryptocurrencies

NBA Top Shot’s Dapper Labs Raises $305 Million in Latest Round

  • More than 30 athletes, music and entertainment stars took part
  • Michael Jordan, Will Smith and Kevin Durant among its backers

Photographer: Andrew D. Bernstein/NBAE/Getty Images

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Dapper Labs, the company behind the popular NBA Top Shot digital collectibles platform, said it closed a $305 million funding round with backing from a roster of professional athletes and media personalities.

The latest financing injection -- with endorsements from Michael Jordan, Will Smith, Kevin Durant and Stefon Diggs, among others -- brings the company’s total capital raised since February 2018 to $357 million, according to Roham Gharegozlou, the company’s co-founder and chief executive officer.