About STYLE Protocol
STYLE Protocol is a company based in Berlin (Germany) founded in 2022 by Leo Hilse. STYLE Protocol has raised $2.5 million across 2 funding rounds from investors including Protocol Labs, Morningstar Ventures and Dutch Crypto Investors. STYLE Protocol operates in a competitive market with competitors including Yuga Labs, Rally, Decentraland, Somnium Space and Timeless Investments, among others.
- Headquarter Berlin, Germany
- Founders Leo Hilse
- SectorsFinancial ServicesMedia & Entertainment Technology Consumer
- Email••••••••
- Website protocol.style
- Social LinkedIn X
- Total Equity Funding$2.5M (USD)
in 2 rounds
- Latest Funding Round$2.5M (USD), Seed
May 2024
- InvestorsProtocol Labs
& 4 more
Funding Insights of STYLE Protocol
STYLE Protocol has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.5M
- Total Rounds 2
- Last Round Seed — $2.5M
- First Round $2.01M
(Apr 2024)
- Investors Count 5
All 2 funding rounds of STYLE Protocol with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $2.5M | Seed | – | – | |
| Apr 2024 | $2.01M | Token Sale | – | – | – |
5 investors in total: 5 institutional.
Investors in STYLE Protocol
STYLE Protocol has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Protocol Labs, Morningstar Ventures and Dutch Crypto Investors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Morningstar Ventures is engaged in digital asset and blockchain investments. | – | morningstar.ventures | Dubai, United Arab Emirates | |
Cryptocurrency trading is enabled via an online platform. | – | dutchcryptoinvestors.com | Amsterdam, Netherlands | |
Blockchain focused investment firm | – | gbv.capital | George Town, Cayman Islands | |
Protocol Labs is recognized as an innovation network driving computing breakthroughs. | 2014 | protocol.ai | Palo Alto, United States | |
Digital transformation firm building websites, eCommerce, and custom platforms for businesses worldwide. | 2021 | alphaventure.com | Karachi, Pakistan |
Investor details for STYLE Protocol
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of STYLE Protocol
1 people are tracked at STYLE Protocol (1 in leadership).
| Name | Role | Group |
|---|---|---|
Leo Hilse | Founder | Leadership |
Complete people profiles for STYLE Protocol
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of STYLE Protocol
3 dated milestones of STYLE Protocol across 2 years, from founding to its latest funding, stage changes and deals.
- Founded STYLE Protocol is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Seed, of $2.5M.
Competitors of STYLE Protocol
STYLE Protocol operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yuga Labs, Rally, Decentraland, Somnium Space and Timeless Investments, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yuga.com | 2021 | Coral Gables, United States | $900M | 95 | A marketplace for games, NFTs, and digital collectibles is operated. | |
| rallyrd.com | 2016 | New York, United States | $84.02M | – | Automobile investments are enabled through an app-based platform. | |
| decentraland.org | 2017 | Buenos Aires, Argentina | $25M | – | Virtual world games are facilitated through an NFT-based platform. | |
| somniumspace.com | 2017 | Prague, Czech Republic | $1.12M | – | Metaverse platform with NFT-based in-game assets marketplace is provided. | |
| timeless.investments | 2020 | Berlin, Germany | $13.57M | 18 | Online fractional alternative investment platform for luxury items | |
| mirrorworld.fun | 2021 | United States | $16M | – | Developer of NFT-based virtual world games | |
| delysium.com | 2015 | United States | $14M | – | Developer of an AI-based blockchain MMO game | |
| doubleme.me | 2014 | Sunnyvale, United States | $26M | 2 | Provider of a horizontal metaverse platform | |
| klaytn.foundation | 2018 | Singapore | – | – | Metaverse platform for building, working, and playing is provided. | |
| placewar.io | 2021 | Macedonia | $1.8M | – | Blockchain-based metaverse game with multichain NFT platform is provided. |
Detailed competitors of STYLE Protocol
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Latest news on Style Protocol
Complete news archive for STYLE Protocol
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- Full article archive
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Similar companies to STYLE Protocol
10 companies that operate in the same segment as STYLE Protocol (Non Fungible Tokens), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
A gaming platform for user-generated content is operated. | 2005 | San Mateo, California, United States | USD 918.2 M | USD 4.89 B | 2,470 | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Hike is involved in building innovative digital solutions. | 2012 | Delhi, Delhi, India | USD 261 M | USD 46.84 M | 92 | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – | |
NFT-based virtual metaverse is developed for user-owned experiences. | 2018 | Montreal, Quebec, Canada | USD 115.01 M | – | – | |
Blockchain-based games developer for PC and console | 2018 | Vancouver, British Columbia, Canada | USD 665.59 M | – | – | |
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | – | 44 |
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Frequently Asked Questions about STYLE Protocol
STYLE Protocol was founded in 2022 and raised its 1st funding round 2 years after it was founded.
STYLE Protocol is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
STYLE Protocol is a funded company, having raised a total of $2.5M across 2 funding rounds to date. The company's 1st funding round was a Token Sale of $2.01M, raised on Apr 2024.
STYLE Protocol was founded in 2022 in Berlin, Germany, within the blockchain and metaverse sector. An online platform is operated to enable brands in creating and curating NFTs and virtual assets compatible with various metaverse environments. Services encompass fashion and wearable NFTs, pet companions, and conversions of 2D NFTs into metaverse-ready skins, assets, or companions. Operations focus on interoperability across digital ecosystems.
STYLE Protocol's top competitors include Yuga Labs, Decentraland and Rally.
STYLE Protocol has 5 investors. Key investors include Protocol Labs, Morningstar Ventures, Dutch Crypto Investors, GBV Capital, and AlphaVenture.