# Light Protocol Labs

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

- Industry: Software
- Headquarters: US
- Website: www.lightprotocol.com
- Total disclosed funding: $4.2M
- Latest round: Seed (Oct 17, 2022)
- Investors on record: 9

## About

Based in the US, Light Protocol Labs operates as a software company that provides financial technology services to its clients. In November 2022, Light Protocol Labs raised USD 4.2 million in seed funding led by Polychain Capital, with participation from Anagram, Asymmetric, dao5, Ecco Capital, and Hypersphere Ventures.

Light Protocol Labs is an artificial intelligence software developer that specializes in developing software that speeds up transactions on the Solana blockchain. Users can use the company's platform to deposit SOL into light cash pools and withdraw funds using a new address, ensuring privacy. This functionality enables devices to incorporate confidential transactions into Solana network-based decentralized applications (dApps).

## Funding rounds

- Seed, Oct 17, 2022, $4.2M — Polychain Capital, Hypersphere Ventures, dlab, Ecco Capital, Advanced Blockchain AG, Solana Ventures, Asymmetric, dao5, Anagram

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Seed
- dlab (https://capitalatlas.ai/funds/dlab) — Seed
- Ecco Capital — Seed
- Advanced Blockchain AG — Seed
- Solana Ventures (https://capitalatlas.ai/funds/solana-ventures) — Seed
- Asymmetric (https://capitalatlas.ai/funds/asymmetric) — Seed
- dao5 (https://capitalatlas.ai/funds/dao5) — Seed
- Anagram — Seed