TechFlow news, virtual avatar technology company Genies is raising $150 million at a $1 billion valuation, led by private equity firm Silver Lake. Founded in 2017, Genies provides tools for creating avatars, clothing, and other NFTs, and operates an NFT marketplace. Prior to this round, Genies had raised $100 million from investors including Bob Iger, former CEO of Disney (now a member of Genies’ board), and Mary Meeker’s venture capital firm Bond.
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