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ValuesCo Snags $2.7M In Seed Funding

Los Angeles-based ValuesCo, a new Web3 startup, says it has raised $2.7M in a seed funding round. The company said it is focused on creating a "community-driven rewards ecosystems for good". The funding came from Flori Ventures, Metaweb Ventures, OWN Fund, and angel investors Rene Reinsberg (Celo) and Richard Spanton Jr. The company--formerly known as SocialStack--said it is working on a "collaborative future for brands, creators and nonprofits to co-create social & environmental impact with their audiences" on top of the blockchain.