# P0x Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/p0x-labs

- Industry: Financial Services
- Headquarters: US
- Website: www.p0xlabs.xyz
- Total disclosed funding: $25M
- Latest round: Series A (Jul 19, 2023)
- Investors on record: 5

## About

Based in the US, P0x Labs is the team that developed Manta Network, a privacy-preserving technology that runs on the Polkadot blockchain. In July 2023, P0x Labs raised USD 25 million in series A funding co-led by investors Polychain Capital and Qiming Venture Partners, with participation from other investors Alliance, CoinFund, and SevenX Ventures. 

The company is a developer of the layer-1 zero-knowledge (ZK) blockchain Manta Network. It uses cryptographic methods to ensure the privacy and confidentiality of transactions and activities on the blockchain. This involves secure and anonymous transactions, safeguarding data, and protecting user identities. Manta Network has the potential to back decentralized finance (DeFi) applications, granting users access to a range of financial services while keeping their privacy intact.

## Funding rounds

- Series A, Jul 19, 2023, $25M — Qiming Venture Partners, Polychain Capital, Alliance, CoinFund Management, SevenX Ventures

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series A
- Alliance (https://capitalatlas.ai/funds/alliance) — Series A
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Series A
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Series A