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Thala Labs - Seed
Overview
Funding Date
October 25, 2022
Financing amount
$6M
Valuation
--
Category
Subcategory
About Thala Labs - Seed
Decentralized finance company Thala Labs raised $6 million to build on buzzy new Layer 1 blockchain Aptos. The seed round is co-led by ParaFi Capital, White Star Capital and Shima Capital. Other investors include Beco Capital, LedgerPrime, Saison Capital and Infinity Ventures Crypto.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2018 | 99 | [email protected] | ||
Fund | United States of America | 2007 | 32 | [email protected] | ||
Fund | United States of America | -- | 181 | -- | ||
Fund | United Arab Emirates | 2012 | 6 | -- | ||
Fund | United States of America | 2017 | 54 | [email protected] | ||
Fund | Japan | 2015 | 25 | -- | ||
Fund | Taiwan (Province of China) | 2021 | 89 | -- |
Company Profile / Project Introduction
Thala Labs will build DeFi applications on the Aptos blockchain and is currently building an over-collateralized decentralized stablecoin called Move Dollar that aims to solve the decentralized stablecoin trilemma: peg stability, security, and capital efficiency.