# Taiko Labs

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

- Industry: Financial Services
- Headquarters: Cayman Islands
- Website: www.taiko.xyz
- Total disclosed funding: $37M
- Latest round: Series A (Mar 2, 2024)
- Investors on record: 19

## About

Based in Camana Bay, Cayman Islands, and founded in 2022 by co-founders Daniel Wang, Brecht Devos, Terence Lam, and Matthew Finestone, Taiko Labs is the developer and operator of a zero-knowledge Ethereum Virtual Machine (zkEVM) scaling solutions platform designed for the Ethereum blockchain. In June 2023, Taiko Labs raised USD 12 million in pre-series A funding led by investor Generative Ventures, with participation from investors BAI Capital, GGV Capital, GSR, IOSG Ventures, KuCoin Ventures, Mirana Ventures, OKEx Blockdream Ventures, Skyland Ventures, Token Bay Capital, and Yunqi Partners.

Taiko Labs develops a Layer 2 blockchain built on the Ethereum network. Utilizing Zk Rollup technology to improve the scalability and effectiveness of decentralized applications (dApps) on Ethereum to power blockchain initiatives, similar to products like zkSync, Starknet, and Polygon zkEVM.

## Funding rounds

- Series A, Mar 2, 2024, $15M — Lightspeed Venture Partners, Flow Traders, WW Ventures, Hashed Ventures, Amber Group, GSR, OKEx Blockdream Ventures, Token Bay Capital, Wintermute Ventures, Generative Ventures, Presto Labs Pte. Ltd.
- Seed, Jun 8, 2023, $12M — Granite Asia, BAI Capital, Skyland Ventures, Yunqi Partners, GSR, IOSG Ventures, OKEx Blockdream Ventures, Token Bay Capital, Mirana Ventures, KuCoin Ventures, Generative Ventures
- Seed, Jul 1, 2022, $10M — Hong Shan

## Investors

- Hong Shan — Seed
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed
- BAI Capital (https://capitalatlas.ai/funds/bai-capital) — Seed
- Skyland Ventures (https://capitalatlas.ai/funds/skyland-ventures) — Seed
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Seed
- GSR — Seed, Series A
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Seed
- OKEx Blockdream Ventures — Seed, Series A
- Token Bay Capital (https://capitalatlas.ai/funds/token-bay-capital) — Seed, Series A
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Seed
- KuCoin Ventures (https://capitalatlas.ai/funds/kucoin-ventures) — Seed
- Generative Ventures (https://capitalatlas.ai/funds/generative-ventures) — Seed, Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Flow Traders (https://capitalatlas.ai/funds/flow-traders) — Series A
- WW Ventures — Series A
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series A
- Amber Group — Series A
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Series A
- Presto Labs Pte. Ltd. — Series A