Mysten Labs

About

Mysten Labs develops tools that make web3 secure, reliable, and ready for mass adoption.

Palo Alto,California,United States
https://www.mystenlabs.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $300M
Industries: Blockchain,Cryptocurrency,Software,Web Apps
Founded date: Sep 1, 2021
Operating Status: Active
Investor Type: MVC

Mysten Labs develops tools that make web3 secure, reliable, and ready for mass adoption. It creates foundational infrastructure to accelerate the adoption of web3. The company gathers the brightest minds to create infrastructure and tools for a decentralized future for everyone.

Mysten Labs was founded in 2021 and is based in Palo Alto, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$336M

Mysten Labs has raised a total of $336M in funding over 2 rounds. Their latest funding was raised on Sep 8, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 8, 2022	Series B	$300M	17	FTX Ventures	—	Detail
Dec 6, 2021	Series A	$36M	10	Andreessen Horowitz	—	Detail

Investments

Number of Investments

Number of Lead Investments

7

1

Mysten Labs has made 7 investments. Their most recent investment was on Oct 6, 2022, when Scale3 Labs raised $5.30M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 6, 2022 Scale3 Labs	Seed	$5.30M	Cryptocurrency	—
Sep 8, 2022 FTX Ventures	Series B	$99.99M	Blockchain	Yes
Sep 7, 2022 Gameplay Galaxy	Seed	$12.80M	Blockchain	—
Sep 6, 2022 Dust Labs	Seed	$7M	Blockchain	—
Aug 4, 2022 Panzerdogs	Seed	$3.35M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

2

25

Mysten Labs is funded by 25 investors. FTX Ventures and Andreessen Horowitz are the most recent investors.

Investor Name	Lead Investor	Funding Round
FTX Ventures	Yes	Series B
Andreessen Horowitz	Yes	Series A
Coinbase Ventures	—	Series B
9Yards Capital	—	Series B
a16z crypto	—	Series B
Apollo	—	Series B
Binance Labs	—	Series B
Circle Ventures	—	Series B
Dentsu Ventures	—	Series B
Ethos Family Office	—	Series B