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Monad Labs - Undisclosed
Overview
Funding Date
April 9, 2024
Financing amount
$225M
Valuation
--
Category
Subcategory
About Monad Labs - Undisclosed
Monad Labs, the developer behind the Ethereum-compatible Layer 1 blockchain Monad, has finalized a $225 million funding round led by investment firm Paradigm. Electric Capital, Coinbase Ventures, Castle Island Ventures, GSR Ventures and Greenoaks also participated in the round, among others. Angel investors include inversebrah, Ansem, Hsaka, Punk6529, Eric Wall, Rune Christensen, Bryan Pellegrino, Luca Netz, Mert Mumtaz, and others.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 84 | [email protected] | ||
| Fund | United States of America | 2018 | 78 | -- | ||
| Fund | United States of America | 2018 | 310 | -- | ||
| Fund | United States of America | 2018 | 56 | [email protected] | ||
| Fund | United States of America | 2004 | 22 | -- | ||
| Fund | United States of America | 2012 | 6 | [email protected] | ||
| Uncategorized | Unknown | -- | 2 | -- | ||
| Angel Investor | Unknown | -- | 3 | -- | ||
| Angel Investor | Unknown | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 2 | -- |
Founders & Team
Keone Hon
James Hunsaker
Company Profile / Project Introduction
MONAD is a new proof-of-stake (PoS) blockchain and decentralized computation platform that combines the best of performance and portability. Monad‘s mission is to accelerate the disruptive force of decentralization by building a blockchain that is 100x-1000x faster than its nearest competitors, alleviating severe bottlenecks in existing blockchains and enabling more complex apps and more widespread adoption.