# Aptos Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aptos-labs

- Industry: Internet
- Headquarters: Palo Alto, US
- Website: www.aptoslabs.com
- Total disclosed funding: $200M
- Latest round: Series A (Jul 15, 2022)
- Investors on record: 11

## 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.

## Funding rounds

- Series A, Jul 15, 2022, $200M — Apollo, Andreessen Horowitz, Franklin Templeton, Oak HC/FT, Multicoin Capital, Griffin Gaming Partners, Jump Crypto, Circle Ventures, FTX Ventures, Superskrypt sp. z o. o. sp. k., ParaFi Capital

## Investors

- Apollo (https://capitalatlas.ai/funds/apollo) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series A
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series A
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Series A
- Griffin Gaming Partners (https://capitalatlas.ai/funds/griffin-gaming-partners) — Series A
- Jump Crypto — Series A
- Circle Ventures — Series A
- FTX Ventures (https://capitalatlas.ai/funds/ftx-ventures) — Series A
- Superskrypt sp. z o. o. sp. k. — Series A
- ParaFi Capital (https://capitalatlas.ai/funds/parafi-capital) — Series A