Core Ventures announced its investment in Space Runners, a digital-first fashion brand building an end-to-end blockchain ecosystem. The round was co-led by Polychain Capital and Pantera Capital, with participation from Accel, Jump Crypto, and notable investors including Yat Siu (Animoca Brands) and Justin Kan (Twitch, Fractal).
Space Runners operates as a metaverse fashion platform creating NFT-based digital wearables compatible across multiple metaverses and games. The brand leverages AR filters and social media integration to connect digital ownership with tangible lifestyle experiences.
With 500k community members across social platforms, Space Runners exemplifies the sector’s growth potential. The company’s GEN1 collection sold out in nine minutes for approximately $8M, featuring NBA players Kyle Kuzma and Nick Young.
This success reflects broader industry momentum, as luxury brands including Nike, Prada, and Dolce & Gabbana explore digital fashion collaborations. Morgan Stanley projects the digital fashion market could reach $50B by 2030.