# Morpho Labs

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

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.morpho.org/
- Total disclosed funding: $176M
- Latest round: Series B (Jun 9, 2026)
- Investors on record: 18

## About

Based in France and founded in 2021, Morpho Labs operates as a lending pool optimizer that helps improve the capital efficiency of positions on lending pools by matching lenders and borrowers peer-to-peer. In 2022, the company's first product Morpho-Compound was released, a Morpho's Protocol, which introduces several new concepts to DeFi. In June 2026, Morpho Labs raised USD 175 million in series B funding co-led by Ribbit Capital, Andreessen Horowitz, and Paradigm, with participation from Apollo, VanEck, Cathay Capital, Bpifrance Investissement Régions, SBI Holdings, NJJ Capital, Mirana Ventures, HashKey Capital, IOSG Ventures, Prelude Ventures, Wintermute Ventures, Circle Ventures, and Variant.

Morpho Labs operates as a lending pool optimizer called Morpho, with its side products Morpho-Compound, Morpho-AAVE, and Morpho DAO. By using Morpho, one can upgrade their positions on lending protocols such as Compound or AAVE with Peer-to-Peer liquidity. The company's product is available on Instadapp, a DeFi smart-contract wallet.

The company plans to use the June 2026 funding to expand its open credit network, deepen integrations with banks, fintechs, and asset managers, and support development of its lending infrastructure.

## Funding rounds

- Series B, Jun 9, 2026, $175M — SBI Holdings, Apollo, Bpifrance Investissement Régions, Cathay Capital, Andreessen Horowitz, Prelude Ventures, VanEck, Ribbit Capital, HashKey Capital, Variant, Paradigm, IOSG Ventures, Mirana Ventures, Circle Ventures, Wintermute Ventures, NJJ Capital
- Seed, Dec 31, 2021, $1.4M — Semantic Ventures, Nascent

## Investors

- Semantic Ventures (https://capitalatlas.ai/funds/semantic-ventures) — Seed
- Nascent (https://capitalatlas.ai/funds/nascent) — Seed
- SBI Holdings — Series B
- Apollo (https://capitalatlas.ai/funds/apollo) — Series B
- Bpifrance Investissement Régions (https://capitalatlas.ai/funds/bpifrance-investissement-regions) — Series B
- Cathay Capital — Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B
- Prelude Ventures — Series B
- VanEck (https://capitalatlas.ai/funds/vaneck) — Series B
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series B
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series B
- Variant (https://capitalatlas.ai/funds/variant) — Series B
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series B
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Series B
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Series B
- Circle Ventures — Series B
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Series B
- NJJ Capital — Series B