Yuga Labs, creator of the Bored Ape Yacht Club NFTs, has raised $450 million in a seed round led by Andreessen Horowitz, which has been bullish on crypto and Web3, investing in blockchain firm Solana Labs, game developer Sky Mavis and NFT marketplace OpenSea. Yuga has been busy, too, acquiring Larva Labs’ CryptoPunks collection of uniquely generated characters and Meebits library of collectible 3D characters. Collectively, Bored Apes and CryptoPunks are estimated to be worth about $3.6 billion at current prices. The funding round — which includes investments by Samsung and Google Ventures — gives Yuga what it says is a $4 billion valuation. Continue reading Bored Ape Yacht Club Creator Yuga Labs Raises $450 Million