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Scene Infrastructure Co funding, valuation and investors
Web3 software company spun out of Friends With Benefits DAO.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Seed
$3M · January 2024
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$3M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
seed
Investors in latest funding
Lead: Andreessen Horowitz
Overview
Scene Infrastructure Company (SIC, also known as FWB Labs) is a software company spun out of the token-gated social DAO Friends With Benefits (FWB). Co-founded by Jose Mejia and Ethan Daya — both long-time DAO contributors and Zora co-founders — SIC builds Web3 applications for online and real-life communities. The company raised a $3M seed round led by a16z crypto in January 2024 to accelerate FWB software development and expand utility of the $FWB token beyond speculation. SIC aims to demonstrate that crypto infrastructure can power community socialization, not just financial transactions. The company operates as the software development arm of the FWB ecosystem.
Why Scene Infrastructure Co is interesting
FWB Labs raised $3M from a16z crypto to expand token utility beyond speculation — co-founders include Zora alumni Jose Mejia and Ethan Daya.
Product & use cases
Scene Infrastructure builds Web3 software tools for community socialization, spun out of Friends With Benefits DAO to expand token utility and accelerate FWB app development.
- Web3 community applications for online and IRL social groups
- Expanding $FWB token utility beyond governance and speculation
- Software infrastructure for token-gated social communities
Key facts
- Seed (Jan 2024): $3M led by a16z crypto
- Spun out of Friends With Benefits (FWB) social DAO
- Co-founded by Jose Mejia and Ethan Daya (Zora co-founders)
- Building Web3 tools for community socialization
Funding history (newest first)
Seed
2024-01 $3MSource: https://www.coincarp.com/fundraising/scene-infrastructure-company-seed/
Investors in our directory
Funds linked from Scene Infrastructure Co's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Built inside the FWB ecosystem with co-founders who also co-founded Zora. a16z crypto backing validates community-token infrastructure thesis.
Social DAO infrastructure peaked during 2021–2022 crypto cycle. FWB was among the most prominent token-gated communities. Scene Infrastructure bets that software tooling can sustain FWB beyond speculation. Post-2022 crypto downturn reduced social token activity industry-wide.
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Zora adjacent
NFT and creator protocol; co-founders overlap but different product focus.
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Farcaster adjacent
Decentralized social protocol; different architecture than FWB token model.
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Discord incumbent
Centralized community platform; no token integration.
Notable stories
- Scene Infrastructure spun out of FWB with $3M from a16z crypto, led by co-founders who also built Zora — betting crypto can power community, not just money (ChainCatcher, 2024).
Industries
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