# Mysten Labs

> Builders of the Sui blockchain — ex-Meta Diem engineers.

## Why it is interesting

Mysten/Sui is a major L1 competitor with strong technical pedigree — crypto infra that still raises institutional attention.

## Profile

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

## Key facts

- Series B (Sep 2022): $300M led by FTX Ventures; a16z crypto and Lightspeed among participants (BusinessWire, Reuters)
- Series A (Dec 2021): $36M led by a16z crypto (CoinDesk)
- Co-investors not in VCT directory: Jump Crypto, Coinbase Ventures, Circle Ventures, Binance Labs

## Investors in our directory

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

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