Morpheus Labs Pte Ltd

Morpheus Labs, based in Singapore, develops a platform that simplifies blockchain application development and deployment, enabling businesses across various sectors to harness blockchain technology efficiently. Founded in 2018, Morpheus Labs Pte Ltd offers a comprehensive Blockchain Platform that supports diverse sectors. The company’s CEO and founder is Joel Jamieson. Morpheus Labs has engaged in 3 funding deals, the latest being a pre-Series A round in February 2025, raising USD 430,000 led by Ficus Group Capital and Startup Five Investment.

Morpheus Labs specializes in providing a platform that streamlines the development and deployment of blockchain applications. Their core product, the Morpheus Labs Blockchain Platform (MLBP), supports multiple blockchain protocols, enabling businesses to create and manage blockchain solutions across sectors like finance, supply chain, and healthcare. The company targets enterprises and developers seeking robust solutions for decentralized applications, primarily serving markets in Asia, Europe, and North America. In the most recent fiscal year 2024, Morpheus Labs reported a revenue of USD 948,017.

2, with an EBITDA of USD -6,336. 6. The revenue is generated through a subscription model for access to its Blockchain Platform, with annual agreements that include development tools and technical support, enhancing their financial growth. Morpheus Labs plans to utilize the recent funding of USD 430,000 from February 2025 to accelerate its development and expansion efforts.

The company aims to launch new products designed to improve blockchain adoption and intends to expand into additional geographical markets, focusing on Europe and North America by 2026. The funding will specifically support these initiatives to enhance their platform and grow their client base.