Website
KANDO id: 14395417
Corporate information
Official name
Monad Labs, Inc.
Affiliated coins
Company type
The team supporting the Monad blockchain.Overview
Monad Labs is an early-stage, venture-backed tech startup founded in 2022. The co-founders of Monad Labs have roots in Jump Trading, where they worked together for seven years building low-latency high-frequency-trading (HFT) systems, and later contributing to R&D at Jump Crypto in 2021. This was the genesis of Monad — synthesizing learnings from HFT, as well as some new ideas, to build the most performant and robust smart-contract blockchain possible. Monad applies expertise in low-latency programming, compiler optimization, systems engineering, cryptography, and graph theory to substantially advance the performance and scalability of decentralized computation.
Funding rounds
N/A USD 225,000,000
USD 225,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Paradigm | Ecosystem that incorporates a venture fund, a research agency and an accelerator focused on science and technology. | Initial investment. Led the round. | |
|
Electric Capital | Early stage venture firm focused on cryptocurrencies, blockchain, fintech, and marketplaces. | Initial investment. | |
|
Greenoaks Capital Partners LLC | Privately held global investment firm | Initial investment. |
Seed USD 19,000,000
USD 19,000,000 ( )
Funding from a total of 71 investors.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Dragonfly Capital (Haseeb Qureshi) | Multi-stage venture capital firm focused on the software, fintech, cryptocurrency, and financial services sectors. | Initial investment. Led the round. | |
|
Finality Capital Partners | Initial investment. | ||
|
Lemniscap | Investment firm specialising in investments in emerging cryptoassets & blockchain startups. | Initial investment. | |
|
Placeholder Capital (Placeholder Ventures), (Placeholder VC) (Chris Burniske) | Venture capital firm that invests in decentralized protocols and web3 services. | Initial investment. | |
|
Shima Capital LLC | Initial investment. |
Investment activity status
Active investor
Team
| Employee | Position | ||
|---|---|---|---|
|
Keone Hon (founder) | ||
| James Hunsaker (founder) |
