NFTs launches following £1m investment

Elevate Labs, a Birmingham technology business specialising in NFTs, has launched after receiving a £1m investment.

Elevate Labs secured financial support from Woodbourne Ventures which has enabled the business to develop a collection of carbon neutral NFTs. The Wolf of Kensington (TWOK) is a collection of 3D generative digital art which includes access to a concierge service and exclusive investment opportunities.

The team behind Elevate Labs includes developers, artists, animators and marketers who have worked with blue-chip brands from eBay and EA Games to Government entities.

Woodbourne Ventures is the venture capital initiative recently launched by Woodbourne Group.

Chief executive Tani Dulay commented: “The role of Woodbourne Ventures is to champion the next generation of entrepreneurs and wealth creators who are striving to build exciting breakthrough businesses. We take our inspiration from the ideas, dreams and goals of talented individuals looking to take their vision to the next level.

“The launch of Elevate Labs and The Wolf of Kensington NFT collection is a perfect demonstration of how we can give exciting companies a kick-start and follows a long and intense period of creative development led by a world-class team.

“We are incredibly proud of the product Elevate Labs has produced. TWOK is a highly coveted carbon neutral NFT collection of generative art with real world utility. The digital assets give holders access to a global and leading concierge service and will also provide investment opportunities that they can benefit from that would otherwise be out of their reach.”