Fundz

Community Labs Raises $30 Million To Power Software Development And Venture Studio For Arweave’s Permanent Storage Blockchain Ecosystem

PRIVATESep 08, 2022

Amount Raised

$30 Million

Round Type

Funding Round

Jersey CitySoftwareBlockchain

Description

Community Labs has raised $30 million to power software development and a venture studio focused on supporting Arweave adoption, ecosystem growth, and protocol development. The funding round was led by Lightspeed Venture Partners with participation from industry leaders Arweave, Bain Capital Crypto, Blockchain Capital, Distributed Global and Road Capital Management alongside others.

Quick answer

Community Labs raised $30 Million in a Funding Round round, dated September 8, 2022. Community Labs is based in Jersey City, New Jersey, United States.

How much did Community Labs raise?
Community Labs raised $30 Million in a Funding Round round on September 8, 2022.
What does Community Labs do?
Community Labs is an Arweave-native software development company and venture studio for products and protocols built on the permaweb.
Where is Community Labs based and how big is it?
Community Labs is based in Jersey City, New Jersey, United States.

Source: Fundz verified event record.

Who else raised in Blockchain and Software around the same time

Companies in the same sectors as Community Labs that raised within 45 days of this round, from Fundz verified event records.

  • Shardeum raised $18M (Funding Round) on October 18, 2022.
  • Tatum raised $42M (Funding Round) on October 12, 2022.
  • Crossmint raised $18M on October 12, 2022.
  • nxyz raised $40M (Series A) on October 12, 2022.
  • Tres raised $7.6M (Funding Round) on September 20, 2022.
  • RUM Group raised $83M on September 16, 2022.

Who to call at Community Labs, and when

A new round usually means Community Labs is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Community Labs raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Community Labs, from your own LinkedIn network

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Company Information

Company

Community Labs

Location

N Alamo St

Jersey City, New Jersey, United States

About

Community Labs is an Arweave-native software development company and venture studio for products and protocols built on the permaweb. Community Labs is modeled after the Ethereum software development company ConsenSys and is focused on developing foundational-level infrastructure for the next thousand developers and million users of Arweave’s permanent storage blockchain. Tate Berenbaum, founder and CEO, has been building on Arweave since 2019 and has experience bringing several foundational protocols to market.

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Community Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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