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Matter Labs - Series C
Overview Investors Founders Company Profile / Project Introduction
Overview
Funding Date
November 16, 2022
Financing amount
$200M
Valuation
--
Catagory
Subcategory
About Matter Labs - Series C
Matter Labs raised $200 Million in series C round led by Blockchain Capital and Dragonfly Capital, with participation from Lightspeed, Variant, and a16z. Overall, Matter Labs has raised $458 million, including a $200 million ecosystem fund to foster zkSync adoption.
Latest Series C will be used to:
- Launch first-party Matter Labs-built projects on zkSync;
- Fund third-party ecosystem projects built by other teams;
- Develop Matter University, the core education and tutorial center; and
- Continue to grow team to make zkSync the #1 choice for developers.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2013 | 74 | contact@blockchaincapital.com | ||
| Fund | United States of America | 2018 | 129 | info@dragonflycapitalpartners.com | ||
| Fund | United States of America | 2000 | 58 | info@lsvp.com | ||
| Fund | United States of America | 2020 | 51 | info@variant.fund | ||
| Fund | United States of America | 2009 | 143 | businessplans@a16z.com |
Founders & Team
Alex Gluchowski
Company Profile / Project Introduction
Matter Labs is better known for its work on zkSync, a scaling and privacy engine for Ethereum. Its current functionality scope includes low gas transfers of ETH and ERC20 tokens in the Ethereum network, atomic swaps & limit orders as well as native L2 NFT support.
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