Yuga Labs

Financial ServicesSeedCoral Gables, USyuga.com

Latest round

Seed

Last raised

Mar 2022

Total raised

$424M

Investors

16

About Yuga Labs

Based in the US, Yuga Labs, Inc.Yuga Labs, Inc. was founded in 2021 and is headquartered in Coral Gables, US. The company focuses on the development of blockchain products, including renowned NFT collections.Yuga Labs is primarily known for its innovative digital products and services in the realm of blockchain technology and non-fungible tokens (NFTs). Their flagship offerings include the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC), both of which serve as exclusive NFT collections. These collections allow users to own unique digital art pieces that can be utilized in various interactive environments, particularly within their expansive virtual world, Otherside. Additional offerings include the Ape Kennel Club, Ape Chemistry Club, and Otherdeed, each targeting unique user experiences and engagement within the digital ecosystem.Yuga Labs generates revenue through the sale of its NFT collections and ancillary virtual products, operating on a direct-to-consumer model. Transactions typically occur via the purchase of NFTs, with users acquiring digital assets that grant them access to exclusive experiences and community benefits associated with each collection. The company utilizes the ApeCoin token for transactions within its ecosystem, facilitating a structured economic model that enhances user engagement and loyalty. Revenue streams may also include partnerships and collaborations with brands, further broadening the company's financial base.Yuga Labs, Inc. aims to expand its portfolio by launching new products, including upcoming NFT collections, although specific release dates have not been publicly disclosed. The company is also focused on expanding its reach into new geographic markets, particularly in Europe and Asia, with plans to establish a stronger presence by the end of 2024.091 mn will be utilized to support these expansion efforts and enhance product development, including potential collaborations with new partners, which may further broaden their market engagement.

Who invested in Yuga Labs

16 investors across 1 round

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Funding rounds

  1. Seed

    Mar 7, 2022

    Amount

    $424M

    Investors

    Locked

Questions about Yuga Labs

Who invested in Yuga Labs?

Yuga Labs has 16 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Yuga Labs raised?

Yuga Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Yuga Labs last raise money?

Yuga Labs's most recent round on record is a Seed, in Mar 2022.

What does Yuga Labs do?

Based in the US, Yuga Labs, Inc.

Where is Yuga Labs headquartered?

Yuga Labs is headquartered in Coral Gables, US.

Which VCs invest in companies like Yuga Labs?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Yuga Labs's stage. Their profiles are linked below.

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