NFTPort raises $26 million from Taavet+Sten and others

Quick Take

  • NFT infrastructure startup NFTPort has raised $26 million.
  • The firm plans to scale its platform and support more blockchains.

NFTPort, a crypto startup that provides non-fungible token (NFT) infrastructure for developers, has raised $26 million in a Series A funding round.

Taavet+Sten — the investment vehicle of Taavet Hinrikus (Wise co-founder) and Sten Tamkivi (Teleport co-founder) — and Atomico, the European venture capital firm, co-led the round. 

As part of the deal, Tamkivi has also joined NFTPort as a co-founder. Rain Johanson, former CTO of Estonian mobility company Bolt, has also joined NFTPort as a co-founder and CTO. 

Tamkivi and Johanson join NFTPort's existing co-founders Johannes Tammekand and Kaspar Peterson.

What is NFTPort?

Based in Estonia, NFTPort helps developers quickly build NFT-based applications through its infrastructure.

"Our infrastructure enables developers and companies to bring to market their NFT applications in hours or days, instead of months and thus save hundreds of thousands of dollars," said Tammekand.

Specifically, NFTPort provides three key products: data APIs, minting APIs and user safety APIs. Data APIs enable developers to access NFT data from the Ethereum, Polygon and Solana blockchains "in a day."

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