TRLab, a fine art-focused tech start-up, secured $5 million in a seed round funding, as the New York and Hong Kong-based firm looks to promote digital art in the web3 space.

In a statement shared with The Block, TRLab said the funding round is led by Hivemind Capital Partners and OKX Ventures, with participation from HashKey Capital.

"TRLab has always occupied a unique space among digital art and Web3 platforms, and the success of our mission-driven approach shows there is ample demand for digital-centric art experiences that foster a deeper understanding of fine art and individual artists," Audrey Ou, TRLab's co-founder and chief executive officer, said in the statement.

TRLab has hosted projects in partnership with Vogue, the Calder Foundation, contemporary artist Cai Guo-Qiang and …