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Versatus - Seed
Overview
Funding Date
December 6, 2023
Financing amount
$2.3M
Valuation
$50M
Catagory
Subcategory
About Versatus - Seed
Versatus Labs (formerly VRRB Labs) has raised $2.3 million in seed funding at a valuation of $50 million. Investors in the round include NGC Ventures, Republic Crypto and Hyperithm. There was no lead investor in the round, and it was an equity plus token warrant round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Singapore | 2017 | 188 | andrea@ngc.fund | ||
| Corporate | United States of America | 2016 | 49 | -- | ||
| Fund | Japan | -- | 18 | -- |
Founders & Team
Andrew Nicholas Smith
Company Profile / Project Introduction
Versatus (formerly VRRB Labs) is a decentralized compute stack that enables Web2 developers to seamlessly transition to Web3 and build without barriers.
The state-of-the-art compute platform resides atop the fastest, most scalable layer 1 blockchain ever devised, providing unmatched speed and efficiency without compromise. Unlike any other, Versatus offers a programming language-agnostic developer experience, breaking down traditional barriers to entry. Developers can effortlessly employ familiar tools and frameworks across every stage from DevOps and testing to deployment enabling a seamless transition from web2 to web3.