Mysten Labs / Sui - Series B

Mysten Labs has closed a $300 million fundraise at a valuation that tops $2 billion, according to an announcement on Thursday. Mysten's $300 million Series B round was led by FTX Ventures, the venture arm of Sam Bankman-Fried's crypto exchange. Other investors in the round include Andreessen Horowitz's a16z Crypto unit — which invested $36 million in Mysten in December last year — as well as Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Circle Ventures, Lightspeed Venture Partners, Sino Global, Dentsu Ventures, Greenoaks Capital, O’Leary Ventures, and others. The Information first reported that the fundraise was in the works in July.