Monad Labs is an early-stage, venture-backed tech startup founded in 2022. The co-founders of Monad Labs have roots in Jump Trading, where they worked together for seven years building low-latency high-frequency-trading (HFT) systems, and later contributing to R&D at Jump Crypto in 2021. This was the genesis of Monad - synthesizing learnings from HFT, as well as some new ideas, to build the most performant and robust smart-contract blockchain possible. Monad applies expertise in low-latency programming, compiler optimization, systems engineering, cryptography, and graph theory to substantially advance the performance and scalability of decentralized computation.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
02/14/23 | $19,000,000 | Seed |
Cobre Capital Dragonfly Capital Partners Finality Capital Hashed Lemniscap Naval Ravikant Placeholder Shima Capital | undisclosed |