Tensor raises $3M for Solana-focused NFT trading platform

Tensor, a Solana-centric NFT trading platform, has raised $3 million in a seed round led by Placeholder, the team exclusively shared with TechCrunch.

The startup was co-founded by Ilja Moisejevs and Richard Wu, bringing a collective 10 years of experience in working on trading infrastructure and data-intensive systems. Until this point, Tensor was bootstrapped off about $60,000-$70,000 in prize money from winning two Solana hackathons in 2022, Moisejevs shared.

“We’re essentially trying to define the next meta for Solana NFTs,” Wu said. “A lot of things that have been done on Solana are carbon copies of Ethereum and we think Solana NFTs can be so much more.”

Investors in the seed round include Solana Ventures, Alliance DAO, Big Brain Holdings and Read Entire Article

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