Press Clipping
The WIR: Snap Sees Slowing Ad Demand, BT’s Sports Project with WarnerBros Discovery gets the Green Light, and IPA Bellwether shows Stagnant Ad Budgets

MELON Raises $5 Million Seed Round

Metaverse studio MELON secured $5 million in a funding seed round, the company announced on Wednesday. The developer builds metaverse experiences for clients such as Mattel, Chipotle and the NFL. Its investors include Crush Ventures, Gaingels, Comcast Spectacor and an SPV led by Matt Finick (who joins MELON’s board), as well as health care investor Paul Yook and former VICE Media CCO Spencer Baim.