The Football Company in a €2.5 million seed round led by Dreamcraft Ventures, joined by DapperLabs, web3 Studios, BLN Capital and angel investors.

The Football Company, a Munich, Germany-based gaming startup developing an NFT-based fantasy football manager, announced completing a €2.5 million ($2.6 million) seed funding round.

The money was raised from investors led by Denmark-based Dreamcraft Ventures, and joined by DapperLabs, web3 Studios, BLN Capital and angel investors/football players Joshua Kimmich and Cesc Fabregas.

The Football Company, founded in 2020 by siblings Ante Kristo (CEO) and Josip Kristo, works on a football metavers based on avatars and licensed digital collectibles and competitions. It combines real-life football fandom and fantasy gaming with the power of web3. The company says it generates revenue by issuing digital collectibles, which can be traded on the TFC marketplace. Fans can buy those items, add them to their collection and earn rewards by managing a squad of players in a fast-paced fantasy experience based on real-life sports performances. The Football Company already produced €270,000 in revenues from selling NFT collections to a community of 25,000 users.