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Monad Labs

New York, United States · Founded 2022 · $244.0M raised

Headquarters
New York, New York
Employees
11–50
Founded
2022
Business Model
B2B
Total Funding
$244.0M
Last Round
$225.0M Venture RoundApr 2024
Rounds
2

About

Monad Labs, now Category Labs, is a team of systems engineers and researchers building high-performance decentralized systems. The company develops blockchain infrastructure for Monad, an EVM-compatible Layer 1, with work spanning databases, Byzantine Fault Tolerant consensus mechanisms, JIT compilers for EVM bytecode, virtual machines, and networking. Its optimizations aim to improve transaction processing performance while preserving decentralization on consumer-grade hardware.

Summary

Monad Labs is a Crypto & Web3 company based in New York, United States, founded in 2022. It has raised $244.0M in total across 2 rounds, most recently a $225.0M Venture Round round in Apr 2024. Investors include Paradigm, Electric Capital and Castle Island Ventures.

Tech & App Stack

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Funding History

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Venture RoundFunding RoundApr 2024
$225.0M

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