# Matter Labs

> Developer of zkSync — Ethereum Layer 2 scaling via zero-knowledge proofs.

## Why it is interesting

Matter Labs is a core Ethereum L2 bet — a16z led its $50M Series B and joined the $200M Series C as zkSync competed for rollup dominance post-Merge.

## Profile

- **Stage:** other
- **Status:** private
- **Industries:** crypto-web3
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series B (Nov 2021): $50M led by a16z (a16z announcement)
- Series C (Nov 2022): $200M co-led by Blockchain Capital and Dragonfly; Lightspeed, a16z participated (TechCrunch)
- Series A (2021): Union Square Ventures among early backers (company blog)
- Co-investors: Lightspeed and USV added; Blockchain/Dragonfly not in VCT directory (sources reviewed 2026-07-24)

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/lightspeed-venture-partners-nyc
- https://venturecapitaltracker.com/fund/union-square-ventures

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Source: https://venturecapitaltracker.com/startup/matter-labs