Aptos Labs
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Aptos Labs - overview
Established
2021
Location
Palo Alto, CA, US
Primary Industry
Internet
About
Based in California, US, and founded in 2021 by CEO Mohammad Shaikh, and CEO Avery Ching, Matonee Inc. , d. b. a.
Aptos Labs builds a scalable Layer 1 blockchain technology to provide access to decentralized assets for billions of people. In March 2022, Matonee Inc. raised USD 200 million in venture funding led by Andreessen Horowitz, with participation from Multicoin Capital, 3 Arrows Capital, ParaFi Capital, Irongrey, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos Trust Company, and Coinbase Ventures. The funding values Matonee Inc.
at USD 1 billion post-money. As of March 2022, Mo Shaikh is the CEO of the company. Aptos Labs is developing safe and scalable layer 1 blockchain technology for individuals to get access to decentralized assets. The company plans to use its proceeds from March 2022 funding to expand its team and its business reach.
Current Investors
Andreessen Horowitz, Multicoin Capital, BlockTower Capital
Primary Industry
Internet
Sub Industries
e-Financial, Social Networking & Communication Platform, Accounting/Finance Software
Website
www.aptoslabs.com
Verticals
Blockchain, FinTech
Company Stage
Series A
Total Amount Raised
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