About Yuga Labs
Yuga Labs is a company based in Coral Gables (United States) founded in 2021 by Kerem Atalay, Greg Solano, Wylie Aronow, and Zeshan Ali. Yuga Labs has raised $900 million across 2 funding rounds from investors including MoonPay, Animoca Brands and FTX. The company has 95 employees as of December 31, 2023. Yuga Labs has completed 4 acquisitions, including 10KTF, Proof and Roar Studios. Yuga Labs offers products and services including BAYC, MAYC, Otherside, Cryptopunks, and Meebits. Yuga Labs operates in a competitive market with competitors including Roblox, The Sandbox, Decentraland, Spatial and LUDEX, among others.
- Headquarter Coral Gables, United States
- Employees 95 as on 31 Dec, 2023
- Founders Kerem Atalay, Greg Solano, Wylie Aronow, Zeshan Ali
- Stage Unicorn
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TechnologyMedia & Entertainment Financial Services
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Products & Services of Yuga Labs
Yuga Labs offers a comprehensive portfolio of products and services, including BAYC, MAYC, Otherside, Cryptopunks, and Meebits.
NFT series featuring unique ape characters for digital ownership
NFT series with mutant ape designs for virtual assets
Virtual world project involving interactive NFT elements
Pixel art NFT characters representing digital collectibles
3D voxel NFT characters for blockchain-based ownership
People of Yuga Labs
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Funding Insights of Yuga Labs
Yuga Labs has successfully raised a total of $900M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $450 million completed in March 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 Yuga Labs
Yuga Labs has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include MoonPay, Animoca Brands and FTX.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Venture capital firm focused on multiple sectors
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Early-stage technology startups are invested in by Thrive Capital.
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Investor details for Yuga Labs
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Investments & Acquisitions by Yuga Labs
Yuga Labs has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 10KTF, Proof and Roar Studios.
Investment portfolio details for Yuga Labs
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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NFTs are utilized for trading real-world assets and accessories.
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Metaverse platform for collaborative music creation and sharing is offered.
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Provider of civic and social organizations services
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Locked | Locked | 2021 | Locked |
Complete acquisition details for Yuga Labs
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Financial Statements - Yuga Labs
Detailed financials for Yuga Labs
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Yuga Labs Comparisons
Peer comparison for Yuga Labs
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Competitors of Yuga Labs
Yuga 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 Roblox, The Sandbox, Decentraland, Spatial and LUDEX, among others.
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A gaming platform for user-generated content is operated.
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NFT-based virtual metaverse is developed for user-owned experiences.
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Virtual world games are facilitated through an NFT-based platform.
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Spatial is focused on creating immersive virtual experiences.
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Alternative investment platform for digitalization of game cards
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Detailed competitors of Yuga Labs
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Latest news on Yuga Labs
Complete news archive for Yuga Labs
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Frequently Asked Questions about Yuga Labs
Yuga Labs was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Yuga Labs is headquartered in Coral Gables, United States. It is registered at Coral Gables, Florida, United States.
Greg Solano is the current CEO of Yuga Labs. They have also founded this company.
Yuga Labs is a funded company, having raised a total of $900M across 2 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Yuga Labs is 95.
Yuga Labs was established in 2021 in Coral Gables, United States, within the digital assets sector. An online marketplace for games and digital collectibles is maintained, alongside the development of NFTs. A community platform for NFT holders is facilitated to support engagement. Operations center on blockchain-based collectibles, with services extending to users across the United States and globally.
Yuga Labs's top competitors include Roblox, The Sandbox and Decentraland.
Yuga Labs offers BAYC, MAYC, Otherside, Cryptopunks, and Meebits.
Yuga Labs has made 4 acquisitions, including 10KTF, Proof, and Roar Studios.
Yuga Labs has 9 investors. Key investors include MoonPay, Animoca Brands, FTX, The Sandbox, and Andreessen Horowitz.
The valuation of Yuga Labs is $4B as of Mar 2022.