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      Monad Labs's Logo

      Monad Labs - Undisclosed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      April 9, 2024

      Financing amount

      $225M

      Valuation

      --

      Subcategory

      Layer 1

      About Monad Labs - Undisclosed

      Monad Labs, the developer behind the Ethereum-compatible Layer 1 blockchain Monad, has finalized a $225 million funding round led by investment firm Paradigm. Electric Capital, Coinbase Ventures, Castle Island Ventures, GSR Ventures and Greenoaks also participated in the round, among others. Angel investors include inversebrah, Ansem, Hsaka, Punk6529, Eric Wall, Rune Christensen, Bryan Pellegrino, Luca Netz, Mert Mumtaz, and others.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundUnited States of America201875info@paradigm.xyz
      FundUnited States of America201870--
      FundUnited States of America2018285--
      FundUnited States of America201848info@castleisland.vc
      FundUnited States of America200418--
      FundUnited States of America20126contact@greenoakscap.com
      UncategorizedUnknown--2--
      Angel InvestorUnknown--1--
      Angel InvestorUnknown--1--
      Angel InvestorUnknown--2--

      Founders & Team

      Keone Hon's Logo

      Keone Hon

      James Hunsaker's Logo

      James Hunsaker

      Company Profile / Project Introduction

      MONAD is a new proof-of-stake (PoS) blockchain and decentralized computation platform that combines the best of performance and portability. Monad‘s mission is to accelerate the disruptive force of decentralization by building a blockchain that is 100x-1000x faster than its nearest competitors, alleviating severe bottlenecks in existing blockchains and enabling more complex apps and more widespread adoption.

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      *Fundraising Announcement: Click here