Digital Fashion Startup Syky Raises $9 Million And Launches First NFT - Vogue Business

Digital Fashion Startup Syky Raises $9 Million And Launches First NFT – Vogue Business

This is increasingly pressing in the next phase of the internet; 90 per cent of metaverse-related founders receiving funding in the past five years have been men, and male-led metaverse companies have received 95 per cent of funding, according to research from consultancy McKinsey & Company. Additionally, 90 per cent of leadership roles among organisations that are shaping metaverse standards are held by men, even though women spend more time in early metaverse spaces and are more likely to drive metaverse initiatives at their companies, especially in fields such as marketing and design.

“Building organisations that embrace diverse perspectives and lead with empathy helps to break down the barriers to great ideas and talent finding capital,” says Syky investor Alison Rosenthal, founder and managing partner at early-stage venture fund Leadout Capital. Delahunt is bringing diversity, equity and inclusion both within the organisation, and in the fashion community that Syky is building, Rosenthal adds.

Delahunt says securing funding was a “bumpy ride”, as she looked for investors who understood the