Pudgy Penguins launched in 2021 and was acquired by Los Angeles-based entrepreneur Luca Netz in April 2022. The project began as an 8,888-NFT collection and has expanded into real-world products and experiences, providing owners live events, physical merchandise and licensing opportunities. It ranks 21st by all-time NFT sales across all chains, with over $252 million in lifetime sales. In the past 30 days the collection recorded $4.2 million in sales, a 102% increase during that period, and only 566 of 8,888 NFTs (6.4%) are listed for sale. The floor price is about 4.18 ether (roughly $7,700) and the most expensive current listing is 900 ether (about $1.6 million), despite having sold two years ago for 0.009 eth (~$16). The company raised a $9M seed round to scale its intellectual property, grow its team and enhance offerings for its community.

Total raised

$9M

Funding rounds

1

Latest round

Seed

Latest activity

May 2024