# Phi Labs

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

- Industry: Software
- Headquarters: Amsterdam, Netherlands
- Website: www.philab.nl
- Total disclosed funding: $21M
- Latest round: Seed (Mar 24, 2022)
- Investors on record: 12

## About

Founded in 2017 by CEO Griffin Anderson, and based in Amsterdam, Netherlands, Phi Labs Ltd. operates as a developer of blockchain protocols. In March 2022, Phi Labs Ltd. raised USD 21 million in seed funding co-led by new investors CoinFund and Hashed, along with other investors 1confirmation, Blockchain Capital, Chorus One AG, Cosmostation, Figment Inc., Hypersphere Ventures, IDEO CoLab Ventures, Lemniscap, Stakefish, and Wintermute Trading Ltd.

Phi Labs Ltd. provides a blockchain technology-based platform to integrate augmented reality (AR) and virtual reality (VR) for decentralized applications. The company operates as a contributor to the Archway protocol that rewards blockchain developers and gives developers the tools to build and launch cross-chain dApps.

The company plans to use the financing to scale up the team, contribute to protocol, and improve tooling for developers.

## Funding rounds

- Seed, Mar 24, 2022, $21M — Blockchain Capital, 1Confirmation, Hashed Ventures, Lemniscap, Figment, Inc., IDEO CoLab Ventures, Wintermute Trading Ltd, Hypersphere Ventures, CoinFund Management, Chorus One AG, Stakefish, Cosmostation

## Investors

- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed
- 1Confirmation (https://capitalatlas.ai/funds/1confirmation) — Seed
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed
- Lemniscap — Seed
- Figment, Inc. — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed
- Wintermute Trading Ltd — Seed
- Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed
- Chorus One AG — Seed
- Stakefish — Seed
- Cosmostation — Seed