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NFT infrastructure startup Mnemonic secures $4M from Ashton Kutcher’s fund and others

San Francisco-based startup Mnemonic has raised a $4 million investment from several investment funds. Its co-owner is Ukrainian Andrii Yasinetsky, who has moved to the US and previously worked for Uber and Google, as reported by Forbes.

Startup co-founder Andrii Yasinetsky. Image credit: Andrii’s Facebook
  • The round was led by Kenetic with participation from Monochrome Capital (its managing partner Ben Metcalfe is also a co-founder of Mnemonic), Ashton Kutcher’s Sound Ventures, Tribe Capital, HackVC, as well as angel investors from Coinbase, IntoTheBlock, and also from the US-Ukrainian company People.ai.
  • The startup team works on a service that helps companies track and navigate the NFT market and build their own applications using its API.
  • The startup has been operating in stealth mode since April 2021 but has already partnered with recognizable players in the market, including Dapper Labs, Yat, and Mintable.

“We are building foundational data infrastructure for the next era of NFT applications and the Web3 ecosystem. If you are passionate about data platforms, information retrieval, search, large-scale infrastructure, the metaverse and the future of the Internet let’s chat, we are actively hiring on various roles,” says Andrii Yasinetsky. According to Andrii, the team already includes people who previously worked for Uber, Google, and Reddit.

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