Watches / Bags / Financial / eBay / Hermès / Kaws / Nike / Rolex / Supreme / Virgil Abloh

Otis Secures $11 Million in Series A Funding

Posted On: Dec 8, 2019   |   Posted By: WWD

Investment app Otis has raised $11 million in a Series A funding round led by Maveron, the venture capital firm that invested in companies such as eBay, Zulily and Allbirds, among others. Additional investors include Union Square Ventures, NextView Ventures, Kindred Ventures, and Will Smith's investment fund Dreamers.
Founded by Michael Karnjanaprakorn, Otis is a platform for users to buy and sell shares of artworks, sneakers, handbags, watches and skate decks. The platform launched with a painting by Kehinde Wiley and added artworks by Kaws, Takashi Murakami and Virgil Abloh, Nike Air Mag sneakers, a Hermès Birkin bag, Rolex Daytona 6265 Big Red from 1978, and Supreme skate decks featuring works by Kaws, Murakami, George Condo, Jeff Koons, Marilyn Minter and Cindy Sherman. All of the works available are on view at the company's physical location in the East Village in New York.
Karnjanaprakorn said the investment will be used to expand its art and product drops on the Otis app.
“I was seeing...

Continue reading ...

 








Various Shows

Various Shows

Palomo Spain F/W 20 Men's Show Read more ...

British designers dominating final day of men's show in the French capital

British designers dominating final day of men's show in the French capital

Eels were once a staple dish for working-class Londoners. Now dandies everywhere will be queueing up to wear them after Dunhill's Paris men's fashion week show Sunday went off... Read more ...

Craig Green makes his Paris runway debut for AW20

Craig Green makes his Paris runway debut for AW20

Nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; View Gallery nbsp; Read more ...

Netflix Acquires Rights to 17 Studio Ghibli Movies

Netflix Acquires Rights to 17 Studio Ghibli Movies

Netflix has announced that it has acquired the rights to 17 different Studio Ghibli movies, meaning that the some of the most famous films from the legendary studio will hit... Read more ...

Bright Additions Accent 1017 ALYX 9SM's Refined FW20 Runway Collection

Bright Additions Accent 1017 ALYX 9SM's Refined FW20 Runway Collection

Helping close out Paris Fashion Week , Matthew M. Williams enlisted a cast of celebrity and progressive models to showcase the refined Fall/Winter 2020 collection he prepared... Read more ...

Dior Pays Tribute to Punk Iconoclast, Judy Blame in Men's Fall 2020 Collection

Dior Pays Tribute to Punk Iconoclast, Judy Blame in Men's Fall 2020 Collection

Reeling in the new decade with a heralding vision, Kim Jones' work exceeds expectation time and time again. Paying tribute to punk iconoclast, jeweler and art director, Judy... Read more ...

Robert De Niro cites ‘abuse of power' in SAG Life Achievement Award speech

Robert De Niro cites ‘abuse of power' in SAG Life Achievement Award speech

The 2020 Screen Actors Guild Awards let Robert De Niro know he's one good fella Sunday night. The two-time Oscar winner was recognized for Life Achievement during the 26th... Read more ...

Stream Mura Masa's Sophomore Album 'R.Y.C'

Stream Mura Masa's Sophomore Album 'R.Y.C'

Mura Masa , real name Alex Crossan, has come a long way since the release of 2017's self-titled debut album. The Grammy-nominated project dived deep into a feast of genres... Read more ...

Nike Drops Blacked-Out Air VaporMax 360 With Iridescent Highlights

Nike Drops Blacked-Out Air VaporMax 360 With Iridescent Highlights

Nike has unveiled its latest iteration of the Air VaporMax 360 , following up its “ History of Air ” release from last week. This time around, the American footwear giant has... Read more ...

NEEDLES FW20 Delivers Bold Prints & Vintage Silhouettes

NEEDLES FW20 Delivers Bold Prints & Vintage Silhouettes

NEEDLES is bolstering its retro leanings with its latest Fall/Winter 2020 collection. Continuing to nod towards the ‘60s and ‘70s for inspiration, the various looks from the... Read more ...