# RTFKT

> RTFKT created virtual sneakers and NFT collectibles before Nike acquired the digital fashion studio in 2021.

## Why it is interesting

Metaverse-native streetwear sold out in minutes — a16z led the $8M round before Nike bought the team to lead its virtual goods strategy.

## Profile

- **Stage:** acquired
- **Status:** acquired
- **Industries:** generalist-tech
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series A (May 2021): $8M led by a16z; Galaxy Digital, C Ventures participated (BoF)
- Exit (Dec 2021): Acquired by Nike
- Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24

## 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/rtfkt