21/01/2025 – London: Seventy7 Ventures, a leading venture partnering firm is excited to announce its strategic partnerships with U-Topia a pioneering company within the Web3 space.

Seventy7 Ventures will be leading a $10m capital raise to accelerate U-Topia’s ambitious growth and development plans. This funding round marks a significant milestone for U-Topia as it continues to push the boundaries of decentralized technology and digital innovation. The funds raised will be use to scale its platform, enhance product offerings and expand its global footprint in the rapidly evolving Web3 ecosystem.

“We are thrilled to be partnering with U-Topia at such a pivotal moment in their journey” said Ketan Makwana, Executive Chairman at Seventy7 Ventures. “Their innovative approach to decentralized solutions and strong vision for the future of Web3 aligns perfectly with our commitment to fostering transformative technologies within the Creative Industries. The $10m raise will provide the necessary capital to support U-Topia in reaching new heights and drive significant change in the media and internet industry.”

U-Topia, known for development of their financial tools for all ages and bridging world-renowned intellectual property into Web3 are developing smart reward programmes across media products with their unique Chain Abstraction Wallet, ultimately removing the constraints of having specific cryptocurrency in your wallet and making more rewards accessible.

“Partnering with Seventy7 Ventures is a game-changer for us” said Emmanuel Quezada, CEO of U-Topia. “Their expertise in Web3 coupled with their network of forward-thinking investors, will be invaluable as we move into the next phase of our growth. This capital raise is not just about funding – it’s about building a strategic partnership that will enable us to execute on our vision and deliver on our promise of decentralized empowerment.”

Seventy7 Ventures has built a reputation for investing and raising capital in groundbreaking technologies, with a focus on Web3, Blockhain and decentralised finance (DeFi). This latest partnership with U-Topia is part of the firm’s broader mission to support and nurture ventures that are transforming the future of the digital economy.

About Seventy7 Ventures: https://seventy7.ventures

Seventy7 Ventures is part of the Seventy7 Group and is a leading venture partnering firm focused on investing and scaling ventures that are accelerating the digital and technology capabilities of the Creative Industries. With a proven track record in enhancing startups and fostering scaleups, Seventy7 Ventures is committed to backing visionary founders and disruptive businesses that are shaping the future

About U-Topia: https://u-topia.com

U-Topia is a decentralized media company with financial tools for all ages bridging world-renowned intellectual property into Web3 to supercharge user acquisition across all chains. They reward engagement across media products with their unique Chain Abstraction wallet, removing the constraints of having specific cryptocurrency in your wallet and making more rewards accessible with our Account Abstraction tools.

For Media inquiries:
Ketan Makwana
Executive Chairman, Seventy7 Ventures
km@seventy7.ventures

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