NFTPort in a $26 million Series A funding round co-led by Taavet+Sten and Atomico.

NFTPort, a talinn, Estonia-based software startup developing what they call NFT infrastructure, announced the close of a $26 million Series A funding round.

The money was raised from uliple investors co-led by Taavet+Sten, the investment vehicle of Taavet Hinrikus and Sten Tamkivi, and Atomico. Other money contributors include Filecoin creator Protocol Labs, Sparkle Ventures, IDEO CoLab Ventures, Polygon co-founder Jaynti Kanani, former Twilio CTO, Ott Kaukver, former Coinbase CTO Balaji Srinivasan, and Polkadot co-founder Jutta Steiner.

Sten Tamkivi will join the team as a co-founder, as well as Rain Johanson, former CTO of Bolt, who joins as a CTO and co-founder along with Taivo Pungas. 

NFTPort, founded in 2021 by Taivo Pungas, aims to develop NFT infrastructure tools for both Web2 & Web3 developers, with out-of-the-box multi-chain support, high reliability and scale that reaches into hundreds of thousands of NFT reads and writes across multiple chains. The company calls itself the Stripe for NFTs: one-stop, simple NFT Infrastructure and APIs for developers to bring NFT applications to market in hours instead of months, as it provides APIs for multi-chain NFT data and easy NFT minting, together with enhanced functionalities for search, recommendations and detecting NFT counterfeits.

Developers already using NFTPort include Nifty Gateway, part of crypto exchange Gemini, and Protocol Labs.