Digital fashion brand Syky has raised $9.5 million in a Series A funding round led by Seven Seven Six with participation from other investors such as Brevan Howard Digital and Leadout Capital.

The company, led by former Ralph Lauren and Burberry executive Alice Delahunt, aims to create a blockchain-enabled luxury platform that will equalize opportunities for aspiring designers and showcase fashion from emerging and established brands.

With the funding, Syky is set to release its first NFT collection, known as The Keystone, on January 20th.

The Keystone collection will serve as a membership pass for fashion enthusiasts and leaders, with holders getting access to digital and physical fashion events, networking opportunities, and exclusive access to designer collection drops and early access to Syky releases.