About Ethernal Labs
Ethernal Labs is a company based in George Town (Cayman Islands) founded in 2022.. Ethernal Labs has raised $20 million across 1 funding round from investors including Ripple, Algorand and Thomas Vu. Ethernal Labs offers products and services including Arcbound, Fanable, White Label Solutions, Digital Asset Creation, and Marketing and Distribution. Ethernal Labs operates in a competitive market with competitors including Galxe, QuickNode, Covalent, Origin Protocol and Digital Asset, among others.
- Headquarter George Town, Cayman Islands
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Sectors
TechnologyFinancial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Seed
Feb 10, 2022
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Investors
Ripple
& 9 more
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Employee Count
Employee Count
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Products & Services of Ethernal Labs
Ethernal Labs offers a comprehensive portfolio of products and services, including Arcbound, Fanable, White Label Solutions, Digital Asset Creation, and Marketing and Distribution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
12-issue sci-fi franchise for entertainment and IP development
Platform for trading authenticated digital collectibles
Custom solutions for brands in digital asset creation
Services to develop and bring ideas to life digitally
Strategies to share products via marketplaces and channels
Funding Insights of Ethernal Labs
Ethernal Labs has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Seed round of $20 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $20.0M
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First Round
First Round
(10 Feb 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - Ethernal Labs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ethernal Labs
Ethernal Labs has secured backing from 10 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Ripple, Algorand and Thomas Vu. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in via a funds-of-funds approach.
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Founded Year | Domain | Location | |
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Blockchain startups are incubated by Black Edge Capital.
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Founded Year | Domain | Location | |
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Morningstar Ventures is engaged in digital asset and blockchain investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ethernal Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ethernal Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ethernal Labs Comparisons
Competitors of Ethernal Labs
Ethernal Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Galxe, QuickNode, Covalent, Origin Protocol and Digital Asset, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Infrastructure for Web3 credential curation from multiple sources is offered.
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Blockchain node infrastructure and dApp APIs are provided.
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Blockchain protocol for data privacy and monetization is offered.
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A blockchain platform is provided for building decentralized marketplaces.
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Blockchain platforms for business applications are developed and provided.
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Kresus is recognized as an all-in-one crypto wallet solution.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ethernal Labs
When was Ethernal Labs founded?
Ethernal Labs was founded in 2022.
Where is Ethernal Labs located?
Ethernal Labs is headquartered in George Town, Cayman Islands.
Is Ethernal Labs a funded company?
Ethernal Labs is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Seed of $20M, raised on Feb 10, 2022.
What does Ethernal Labs do?
Ethernal Labs was founded in 2022 and is based in George Town, Cayman Islands. Operations focus on the blockchain sector, where a development platform for NFT products is provided. Services include Fanable, a social platform enabling interactions between notable figures and fans via token utilities, and EyeCandy, a decentralized marketplace for auctions that supports creative economies in the blockchain ecosystem. Additional products are also offered.
Who are the top competitors of Ethernal Labs?
Ethernal Labs's top competitors include Digital Asset, Galxe and Origin Protocol.
What products or services does Ethernal Labs offer?
Ethernal Labs offers Arcbound, Fanable, White Label Solutions, Digital Asset Creation, and Marketing and Distribution.