M&A Deal Summary

Yuga Labs Acquires PROOF

On February 16, 2024, Yuga Labs acquired media company PROOF

Acquisition Highlights
  • This is Yuga Labs’ 2nd transaction in the Media sector.
  • This is Yuga Labs’ 2nd transaction in the United States.
  • This is Yuga Labs’ 2nd transaction in California.

M&A Deal Summary
Date 2024-02-16
Target PROOF
Sector Media
Buyer(s) Yuga Labs
Deal Type Add-on Acquisition

Target

PROOF

Los Angeles, California, United States
PROOF is a digital art platform and art collector community driven by the belief that art is proof of our collective humanity. PROOF is a community of artists and art collectors focused on the intersection of art, technology, and innovation. PROOF was founded in 2021 and is based in Los Angeles, California.

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Buyer(S) 1

Buyer

Yuga Labs

Miami, Florida, United States
Category Company
Founded 2021
Sector Software
DESCRIPTION

Yuga Labs is a web3 company shaping the future through storytelling, experiences, and community. Yuga Labs was founded in 2021 and is based in Miami, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Media) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-31 Roar Studios

Los Angeles, California, United States

Roar Studios is a developer of ROAR, an immersive media experience where artists and fans connect, collaborate, and compete in real time from anywhere. Roar Studios was founded in 2021 and is based in Los Angeles, California.

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