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VisitMost significant investor in next Squads Labs funding round by June 30, 2025?
Electric Capital • 25%
Coinbase • 25%
Placeholder • 25%
L1D • 25%
Official announcement from Squads Labs or reputable financial news sources
Squads Labs Raises $10M, Launches Fuse Wallet on Solana via TestFlight
Jun 10, 2024, 02:08 PM
Squads Labs, a Solana-based multisig protocol, has successfully raised $10 million in a Series A funding round led by Electric Capital. The funding will be used to further develop their smart account technology and products, which aim to make it easier for businesses and individuals to securely manage and own digital assets. As part of this initiative, Squads Labs has launched Fuse Wallet, Solana's first smart wallet, now available for public testing on iOS via TestFlight. The funding round also saw participation from Coinbase, Placeholder, and L1D among others. This development is expected to significantly impact the Solana ecosystem.
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Polychain • 20%
Andreessen Horowitz • 20%
Sequoia Capital • 20%
Union Square Ventures • 20%
None • 20%
Lightspeed Venture Partners • 25%
Pantera Capital • 25%
Dragonfly Capital • 25%
Faction VC • 25%
Polychain • 25%
Hack VC • 25%
a16z • 25%
Sequoia • 25%
Series B • 33%
Series C • 33%
No new major funding • 33%
Sequoia Capital • 25%
Andreessen Horowitz • 25%
SoftBank • 25%
Benchmark • 25%
GIC • 20%
Meritech Capital • 20%
SalesforceVC • 20%
InsightPartners • 20%
New Investor • 20%
General Catalyst • 25%
Andreessen Horowitz • 25%
Lightspeed Ventures • 25%
Nvidia • 25%
Series C • 33%
Debt Financing • 33%
Acquisition • 34%
Andreessen Horowitz • 20%
Sequoia Capital • 20%
Union Square Ventures • 20%
Lemniscap (additional funding) • 20%
Vitalik Buterin (personal investment) • 20%
Google • 25%
Microsoft • 25%
Amazon • 25%
IBM • 25%
Integration with DeFi platforms • 25%
Multi-chain support • 25%
Other • 25%
Enhanced security features • 25%