Matter Labs

About

Matter Labs is scaling Ethereum with zero-knowledge proofs to accelerate public blockchain adoption.

Berlin,Berlin,Germany
1 - 10
https://matter-labs.io

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $200M
Industries: Blockchain,Ethereum,Internet,Software
Founded date: Jan 1, 2018
Number Of Employee: 1 - 10
Operating Status: Active

Matter Labs is scaling Ethereum with zero-knowledge proofs to accelerate public blockchain adoption. The company started out of scientific curiosity, the joy of engineering, and a deep conviction, the most impactful way to improve the world today is to provide an open and free alternative to its existing, deeply flawed financial system.

The company was founded in 2018 with its head office in Berlin, Germany.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$258M

Matter Labs has raised a total of $258M in funding over 2 rounds. Their latest funding was raised on Nov 16, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 16, 2022	Series C	$200M	5	Blockchain Capital Dragonfly	—	Detail
Nov 8, 2021	Series B	$50M	16	Andreessen Horowitz	—	Detail
Feb 1, 2021	Series A	$6M	5	Union Square Ventures	—	Detail
Sep 23, 2019	Seed	$2M	5	Placeholder	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

Matter Labs has made 2 investments. Their most recent investment was on Dec 15, 2022, when GalaxEye raised $3.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 15, 2022 GalaxEye	Seed	$3.50M	Satellite Communication	—
Sep 6, 2022 GroMo	Series A	$11M	Banking	—

Investors

Number of Lead Investors

Number of Investors

5

23

Matter Labs is funded by 23 investors. Blockchain Capital and Dragonfly are the most recent investors.

Investor Name	Lead Investor	Funding Round
Blockchain Capital	Yes	Series C
Dragonfly	Yes	Series C
Union Square Ventures	Yes	Series A
Andreessen Horowitz	—	Series C
Lightspeed Venture Partners	—	Series C
Variant	—	Series C
Bybit	—	Series B
Rarible	—	Series B
ConsenSys	—	Series B
1kx	—	Series B