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Mysten Labs
AddedFeb 13, 2024
UpdatedJun 28, 2026
Mysten Labs

Mysten Labs

Series B

Mysten Labs: Accelerating web3 adoption through foundational infrastructure development.

HQ
Palo Alto, CA, US
Founded
2021
Overview
Compare
Fundraising
Employees
News
Website

Mysten Labs, founded with the mission to accelerate the adoption of web3, focuses on developing foundational infrastructure for decentralized technologies. Their core offerings include Sui, a decentralized proof-of-stake blockchain designed for scalable throughput and storage, and Move, an open-source programming language for building smart contracts. Mysten Labs also provides an open-source wallet to facilitate developers' access and transactions on the Sui blockchain. Their vision is to create secure, reliable tools that enable individuals and creators to have unprecedented ownership over their data and content.

Notable figures affiliated with Mysten Labs include experts in blockchain technology and decentralized systems. The company has garnered attention from significant investors and media outlets such as Blockworks and The Block. Key achievements include the development and launch of the Sui blockchain and Move programming language, which have been pivotal in advancing web3 infrastructure. Mysten Labs' impact lies in their contribution to making web3 technologies more accessible and ready for mass adoption, positioning them as a leader in the web3 infrastructure space.

Mysten Labs - Quick Facts

When was Mysten Labs founded?

Mysten Labs was founded in 2021.

Where is Mysten Labs' headquarters located?

Mysten Labs' headquarters is located in Palo Alto, CA, US.

When was Mysten Labs' last funding round?

Mysten Labs' most recent funding round was for $300M (USD) in September 2022.

How much has Mysten Labs raised to-date?

As of Sep 8, 2022, Mysten Labs has raised a total of $336M (USD).

How many employees does Mysten Labs have?

Mysten Labs has 123 employees as of Feb 4, 2024.

Mysten Labs - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • Blockchain
  • Web3
Geographic Exposure
  • Global
Revenue
  • Transactional
Main Product
  • Blockchain
  • Programming Language
Tags
  • Platform
  • Software
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software