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Mysten Labs / Sui - Series A
Overview
Funding Date
December 7, 2021
Financing amount
$36M
Valuation
--
Category
Subcategory
About Mysten Labs / Sui - Series A
Mysten Labs completed first funding round, a $36M series A led by a16z with participation from Redpoint, Lightspeed, Coinbase Ventures, Electric Capital, Standard Crypto, NFX, Slow Ventures, Scribble Ventures, Samsung NEXT, Lux Capital, Bienville, Hack VC, Finality Capital, Elad Gil, and many other great funds and angel investors in the web3 space.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2009 | 144 | businessplans@a16z.com | ||
| Fund | United States of America | 1999 | 21 | -- | ||
| Fund | United States of America | 2000 | 61 | info@lsvp.com | ||
| Fund | United States of America | 2018 | 310 | -- | ||
| Fund | United States of America | 2018 | 78 | -- | ||
| Fund | United States of America | 2020 | 20 | adam@standardcryptovc.com | ||
| Fund | United States of America | 2015 | 26 | qed@nfx.com | ||
| Fund | United States of America | 2011 | 38 | jill@slow.co. | ||
| Fund | Korea (the Republic of) | 2013 | 49 | hello@samsungnext.com | ||
| Fund | United States of America | 2000 | 9 | info@luxcapital.com |
Founders & Team
Adeniyi Abiodun
Sam Blackshear
Evan Cheng
Company Profile / Project Introduction
Mysten is the creator of Sui, a yet-to-launch proof-of-stake Layer 1 blockchain that is built to mount a challenge to the likes of Ethereum and Solana. The startup's co-founder and CEO Evan Cheng, who was head of research and development at Meta's crypto wallet Novi Financial.