Tech Company Financing Transactions
Monad Labs Funding Round
Monad Labs closed a $19 million Seed funding round on 2/14/2023. Investors included Dragonfly Capital, Finality Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
2/14/2023
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Seed
Investors
Dragonfly Capital (Lead Investor)
private investors (Naval Ravikant)
Proceeds Purpose
The company intends to use the funds to develop its ecosystem.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Remote, Undisclosed
USA
Remote, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Monad Labs is an early-stage, venture-backed tech startup founded in 2022. We have roots in Jump Trading, where our founders worked together for 7 years building low-latency HFT trading 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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Keone Hon
Co-Founder
Eunice Giarta
Co-Founder
James Hunsaker
Browse more venture capital transactions:
Prev: 2/14/2023: AWA Studios venture capital transaction
Next: 2/14/2023: Kloopify venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs