Tech Company Financing Transactions
Mysten Labs Funding Round
FTX Ventures, Andreessen Horowitz and Apollo Global Management joined a $300 million Series B funding round for Mysten Labs. The round was announced on 9/8/2022.
Transaction Overview
Company Name
Announced On
9/8/2022
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue building out the core infrastructure to power web3's next wave of applications and accelerate the adoption of the Sui ecosystem.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
379 University Ave 200
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Web3 will enable individuals and creators to have unprecedented ownership over their own data and content. But the tools to get there don't exist yet. Mysten is where the brightest minds solve foundational problems to create tools for the future. We will make web3 secure, reliable and ready for mass adoption.
Management Team
Title
Name
Email & Social
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