# Movement Labs

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

- Industry: Software
- Headquarters: New York, US
- Website: www.movementlabs.xyz
- Total disclosed funding: $38M
- Latest round: Series A (Apr 25, 2024)
- Investors on record: 12

## About

Based in New York, US, Movement Labs, Inc. operates as a software platform that simplifies the growth of the move ecosystem by making decentralized application development easier. In January 2025, Movement Labs, Inc. raised USD 100 million in series B funding co-led by new investors CoinFund and Nova Fund, with participation from other new investor Brevan Howard.

Movement Labs, Inc. is a network of modular blockchains built on the move protocol, with a focus on decentralized network security, performance, and user experience. The company aims to establish a global developer community known as "Move builders" in order to improve decentralized applications. M1 is the first blockchain in the firm's environment, with low gas fees, high theoretical transaction throughput. The company offers technical support and financing to developers interested in building on their platform through its "Move Open Builders Program." 

The company plans to use the September 2023 funding for further development and adaptation of its innovative smart contracts.

## Funding rounds

- Series A, Apr 25, 2024, $38M — Nomad Capital, Polychain Capital, Placeholder, Hack VC, Robot Ventures, Maven11 Capital, Archetype, Aptos Labs, Figment Capital, dao5, OKX Ventures, Bankless Ventures

## Investors

- Nomad Capital — Series A
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series A
- Placeholder (https://capitalatlas.ai/funds/placeholder) — Series A
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Series A
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Series A
- Archetype — Series A
- Aptos Labs — Series A
- Figment Capital (https://capitalatlas.ai/funds/figment-capital) — Series A
- dao5 (https://capitalatlas.ai/funds/dao5) — Series A
- OKX Ventures (https://capitalatlas.ai/funds/okx-ventures) — Series A
- Bankless Ventures (https://capitalatlas.ai/funds/bankless-ventures) — Series A