# Foundation

> Curated NFT marketplace for digital art and creative auctions on Ethereum.

## Why it is interesting

Foundation helped define the 2021 NFT art wave with invite-only drops and creator royalties — seeded by a16z alongside crypto-native funds 1kx and Designer Fund.

## Profile

- **Stage:** seed
- **Status:** private
- **Industries:** crypto-web3, marketplace, media-entertainment
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Seed (2021): disclosed round included a16z, 1kx, and Designer Fund (Tracxn)
- Product: curated NFT art marketplace on Ethereum (foundation.app)
- Co-investors not in VCT directory: 1kx, Designer Fund

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/foundation