About Mysten Labs
Mysten Labs is a company based in Palo Alto (United States) founded in 2021 by George Danezis, Adeniyi Emmanuel Abiodun, Evan Cheng, and Sam Blackshear. Mysten Labs has raised $336 million across 2 funding rounds from investors including Binance, Coinbase and FTX. Mysten Labs has completed 1 acquisition, including Parasol. Mysten Labs offers products and services including Sui, Move, Enoki, Walrus, and DeepBook. Mysten Labs operates in a competitive market with competitors including Solana, Ankr, O(1) Labs, Symbiont and Chain, among others.
- Headquarter Palo Alto, United States
- Founders George Danezis, Adeniyi Emmanuel Abiodun, Evan Cheng, Sam Blackshear
- Stage Unicorn
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TechnologyFinancial Services
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Products & Services of Mysten Labs
Mysten Labs offers a comprehensive portfolio of products and services, including Sui, Move, Enoki, Walrus, and DeepBook.
Delivers Web3 benefits with Web2 ease for decentralized applications.
Native language designed for Sui blockchain development.
Transforms businesses through meaningful customer experiences.
Provides decentralized storage and data availability solutions.
Enables efficient decentralized finance and financial innovation.
Supports decentralized commerce applications on Sui.
Next-gen gaming device powered by Sui for interactive experiences.
People of Mysten Labs
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Funding Insights of Mysten Labs
Mysten Labs has successfully raised a total of $336M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $300 million completed in September 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.
Investors in Mysten Labs
Mysten Labs has secured backing from 21 investors, including institutional and venture fund investors. Prominent investors backing the company include Binance, Coinbase and FTX.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Seed-stage companies are funded by this venture capital entity.
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Investor details for Mysten Labs
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Investments & Acquisitions by Mysten Labs
Mysten Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Parasol.
Investment portfolio details for Mysten Labs
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Blockchain infrastructure is provided for gaming applications and on-chain features.
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Complete acquisition details for Mysten Labs
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Financial Statements - Mysten Labs
Detailed financials for Mysten Labs
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Mysten Labs Comparisons
Peer comparison for Mysten Labs
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Competitors of Mysten Labs
Mysten 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 Solana, Ankr, O(1) Labs, Symbiont and Chain, among others.
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Blockchain infrastructure for transactions and counting is provided by Solana.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Smart contract platform
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Blockchain infrastructure is offered for financial application development.
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Detailed competitors of Mysten Labs
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Latest news on Mysten Labs
Complete news archive for Mysten Labs
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Frequently Asked Questions about Mysten Labs
Mysten Labs was founded in 2021.
Mysten Labs is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Evan Cheng is the current CEO of Mysten Labs. They have also founded this company.
Mysten Labs is a funded company, having raised a total of $336M across 2 funding rounds to date.
Mysten Labs was founded in 2021 and is based in Palo Alto, United States. Operations focus on the blockchain sector, where Web3 infrastructure is provided through the Sui network. An open-source wallet is included for developers to access, learn, and transact. Sui Explorer enables transaction searches and metrics analysis. A name service is available for identity registration. Digital collectibles called SuiFrens are also offered.
Mysten Labs offers Sui, Move, Enoki, Walrus, and 3 more products and services.
Mysten Labs has made 1 acquisition, including Parasol.
Mysten Labs has 21 investors. Key investors include Binance, Coinbase, FTX, NCSOFT, and Lightspeed Venture Partners.
The valuation of Mysten Labs is $2B as of Sep 2022.