Aptos Labs

Private

Layer 1 blockchain company building the Aptos network, designed for safety, scalability, and mainstream Web3 adoption. Uses the Move programming language originally developed for Meta's discontinued Diem stablecoin project. Features a parallel execution engine (Block-STM) for high throughput. Founded by two former Meta engineers who led key aspects of the Diem blockchain.

Founders Mo Shaikh, Avery Ching
CEO Avery Ching

Company

Founded
2021
Headquarters
Palo Alto, United States

Financials

Total Funding
$350M
Last Valuation
$4.0B
Sectors
Fintech Developer Tools
aptoslabs.com Twitter

Funding History

2 rounds
Series A Jul 25, 2022
$150M
FTX Ventures (Lead) Jump Crypto (Lead) Andreessen Horowitz Multicoin Capital Circle Ventures Apollo Global Management Franklin Templeton Binance Labs
Seed Mar 15, 2022
$200M
Andreessen Horowitz (Lead) Tiger Global Management Multicoin Capital Haun Ventures FTX Ventures Coinbase Ventures ParaFi Capital PayPal Ventures Binance Labs Hashed Variant BlockTower Capital

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.