Demox Labs, Inc.
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Demox Labs, Inc. - overview
Established
2021
Location
Walnut Creek, CA, US
Primary Industry
Financial Services
About
Established in 2021 by Barron Caster (CEO), and based in California, US, Demox Labs, Inc. operates as a developer of blockchain technology that aims to develop web3 wallets with a focus on preserving user privacy. In June 2023, Demox Labs, Inc. raised USD 4.
5 million in pre-seed funding led by new investor HackVC with participation from other new investors DCVC, Amplify Partners, Coinbase Ventures, CRV, OpenSea, and CSquared. The company creates and sells crypto wallets called Leo wallets, which are available for Chromium-based browsers like Chrome, Brave, and Edge and allow users to transact in cryptocurrencies on the Blockchain. The wallet is built on the privacy-first Aleo chain, which employs zero-knowledge proofs to carry out chain transactions cryptographically, ensuring complete user and transaction privacy. The company intends to use the June 2023 funding to expand Leo Wallet's privacy technology and interoperability with other blockchains as well as promote the development of zero-knowledge blockchain infrastructure for businesses.
Current Investors
DCVC, Amplify Partners, Hack VC
Primary Industry
Financial Services
Sub Industries
e-Financial, Financial Services
Website
www.demoxlabs.xyz
Verticals
Blockchain, FinTech, FinTech
Company Stage
Early Stage
Total Amount Raised
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