# CXIP Labs

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

- Industry: Financial Services
- Headquarters: US
- Website: www.cxip.io
- Total disclosed funding: $8.2M
- Latest round: Seed (Apr 26, 2022)
- Investors on record: 14

## About

Based in California, US, and founded in 2021, CXIP Labs, Inc. has developed holograph, a multichain digital asset protocol. In April 2022, the firm raised USD 6.5 million in Seed funding co-led by returning investors Courtside Ventures and Wave Financial, with participation from other investors Vaynerfund, Infinity Ventures Crypto, Kenetic Capital, Mirana Ventures, Company Ventures, Avalaunch, Soma Capital, Kosmos VC, and Palm Drive Capital. Returning investor Arca and individual investors also participated in the round.

The company offers NFT mining software and cryptocurrency mining services. Additionally, the firm provides counterfeit prevention, smart contracts, advanced royalties, a state-of-the-art level of security, and many more. 

The company plans to use the April 2022 funding to launch a new product suite for creators, developers, and businesses.

## Funding rounds

- Seed, Apr 26, 2022, $6.5M — Soma Capital Management, Courtside Ventures, Palm Drive Capital, Kenetic Capital, Kosmos Ventures, Arca Investment Management, Company Ventures, Infinity Ventures, Wave Digital Assets, Mirana Ventures, Vaynerfund, Avalaunch
- Seed, Jul 13, 2021, $1.7M — Courtside Ventures, Arca Investment Management, Mechanism Capital, Wave Digital Assets, gmoney NFT

## Investors

- Courtside Ventures (https://capitalatlas.ai/funds/courtside-ventures) — Seed
- Arca Investment Management — Seed
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Seed
- Wave Digital Assets — Seed
- gmoney NFT — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Palm Drive Capital (https://capitalatlas.ai/funds/palm-drive-capital) — Seed
- Kenetic Capital (https://capitalatlas.ai/funds/kenetic-capital) — Seed
- Kosmos Ventures (https://capitalatlas.ai/funds/kosmos-ventures) — Seed
- Company Ventures (https://capitalatlas.ai/funds/company-ventures) — Seed
- Infinity Ventures (https://capitalatlas.ai/funds/infinity-ventures) — Seed
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Seed
- Vaynerfund (https://capitalatlas.ai/funds/vaynerfund) — Seed
- Avalaunch — Seed