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The Venture Codex

First Stage Labs

Golden Mile 2, Building 1 Mezzanine Floor, Office 26, Dubai, United Arab Emirates

Overview

Venture studio building and scaling Web3 startups for mass audiences.

Founded

2022

Deals ยท 12mo

0

Links

LinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Israel
South Korea

Sector focus

Blockchain
Cryptocurrency

Investment portfolio

2rounds
NAMEDATESIZE
Fanton
May 2023Led
$0.30 MSeed
Megaton Finance
Apr 2023Participated
$2 MSeed
Fanton
May 2023Led
$0.30 MSeed
Megaton Finance
Apr 2023Participated
$2 MSeed
2
Items
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Insights

Time horizon

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Deal Distribution

First Stage Labs: 2 funding rounds are recorded in the selected participation categories.All available history.
First Stage Labs: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed11

Monthly Deal Activity

First Stage Labs: 2 deals are recorded across 43 months.All available history.
First Stage Labs: 2 deals are recorded across 43 months. All available history
MonthDeals
Apr '231
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
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Apr '250
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Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

First Stage Labs: Crypto & Blockchain is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

First Stage Labs: Crypto & Blockchain is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Crypto & Blockchain2
Enterprise Software1
Media & Entertainment1
Gaming & eSports1

Deal Size Distribution

First Stage Labs: 2 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

First Stage Labs: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

First Stage Labs: South Korea has the largest recorded deal count among the displayed regions (1 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

First Stage Labs: South Korea has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
South Korea1
Israel1
First Stage Labs: 6 co-investors are shown, with Cypher Capital sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

First Stage Labs: 6 co-investors are shown, with Cypher Capital sharing 1 recorded deals. All available history
Co-investorShared deals
Cypher Capital1
Existential Capital1
MEXC Ventures1
Orbs1
TONcoin.Fund1
Yolo Investments1

Investment Strategy

First Stage Labs: Led accounts for 50% and participating for 50% of round participation.All available history.
First Stage Labs: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led150%
Participating150%
First Stage Labs: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
First Stage Labs: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

No team members found for this fund.