Mysten Labs
379 University Avenue Suite 200, Palo Alto, CA, 94301, United States
Overview
Mysten Labs develops tools that make web3 secure and ready for mass adoption. They create foundational infrastructure to accelerate the adoption of web3.
- Total investments
- 13
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Blockchain
- Cryptocurrency
- Software
- Web3
Investment portfolio
- Subzero Labs
Participated · Seed · Aug 2025
Subzero Labs is building Rialo, a full-stack network designed to give developers native web connectivity, event-driven transactions, built-in privacy, and infinite scalability so they can ship production-ready decentralized apps with Web2 ease. Rialo leverages RISC-V architecture and adds Solana VM compatibility so teams can deploy existing programs out of the box while gaining richer features. The company says Rialo reduces complexity by making off-chain interaction feel native rather than bolted on, targeting use cases from tokenized assets and prediction markets to global trading and AI agent orchestration. Subzero Labs emerged from stealth and has a private devnet live while onboarding early development partners and operating a waitlist for broader testing. The founding team includes Ade Adepoju and Lu Zhang, veterans who previously worked on Mysten Labs and Diem and who have recruited engineers from top Web2 and Web3 firms. The company has raised $20M in an initial financing round to support product development and go-to-market activities.
- FanTV
Participated · Series A · Mar 2025
FanTV operates a Web3, AI-powered content platform that allows creators to produce music, videos, podcasts and web series and earn via views, tips and Creator Coins. The platform leverages blockchain to create a decentralized ecosystem intended to ensure fair revenue distribution and creator ownership. FanTV reports over 80,000 creators on the platform and 8 million on-chain wallets. The company plans to enhance its AI tools for creators, expand creator onboarding globally, and implement user growth strategies. FanTV was founded in 2022 and is headquartered in Dubai, UAE. The product mix targets creator monetization and decentralized ownership as core differentiators.
- Shinami
Participated · Seed · Nov 2024
Shinami is a San Francisco–based developer platform focused on Move-based blockchains (Aptos, Sui, and Movement), offering advanced tooling, APIs, and documentation to simplify building on Move. Its core products include a Node Service, a Gas Station, and Wallet Services that target developer and end-user needs. The Node Service powers billions of monthly on-chain reads across hundreds of applications, the Gas Station has sponsored over 100 million transactions to date, and the Wallet Services support more than 2 million monthly active users. The company positions itself as the "Consensys for Move" and has joined the Move Collective to strengthen its support for developers expanding on Movement. Shinami cites team experience building developer platforms at Twilio, Microsoft, and Alchemy as shaping its approach to product and ecosystem support. The company says the recent funding will help it continue providing infrastructure and tools to improve user experiences across Sui, Aptos, and Movement.
- Switchboard
Participated · Series A · May 2024
Switchboard operates an oracle platform that gives developers full control over the data they import to blockchain applications, allowing them to configure bespoke oracle networks or tap into pre-built feeds for common use cases. Its permissionless architecture and on-demand model enable latency-sensitive users to call up just-in-time data feeds, improving efficiency and security for decentralized applications. Since launching in June 2021, the platform has attracted more than 100,000 users and secured over $2 billion in total value. Led by CEO Chris Hermida, the company emphasizes customization and scalability to support a wide range of Web3 projects across multiple chains. With its latest capital infusion, Switchboard plans to expand operations and accelerate product development, broadening both its oracle catalog and developer tooling. The $7.5 million Series A round brings additional resources to deepen partnerships with layer-1 ecosystems such as Solana, Aptos, Sui, and Starknet. Although revenue figures were not disclosed, the company’s traction metrics underscore growing demand for flexible oracle solutions within the on-chain economy.
- Anapaya
Participated · Equity · May 2024
Anapaya develops network solutions based on the SCION architecture, designed to mitigate denial-of-service attacks, provide strong authentication, and resist routing attacks. The company has been a major manufacturer of SCION infrastructure and has deployed systems in Swiss banking and healthcare sectors. Anapaya operates secure points-of-presence in over 60 data centers worldwide, enabling customers to connect from diverse locations. The firm recently closed a CHF 10 million funding round to support its growth. Planned uses of the funds include international expansion, accelerated growth in Switzerland, and diversification into new industries such as energy and payment systems. Anapaya is also promoting migration of critical internet services to SCION through its products and PoP network. Anapaya Systems, founded in 2017 by Adrian Perrig, David Basin, Peter Muller, and Samuel Hitz, develops SCION-based internet architecture to provide secure, high-availability communication. Its core product is SCION-based secure Points-of-Presence (PoPs) and networking software that combine explicit trust information, failure isolation, and route control to deliver secure, performant connectivity. The company operates PoPs in over 60 data centres worldwide, including locations in Italy, France, Germany, Indonesia, Singapore, Hong Kong, and South Korea. Anapaya has delivered the Secure Swiss Finance Network (SSFN) for institutions including the Swiss National Bank, SIX, Swisscom, Sunrise, and SWITCH. The firm plans to expand the SCION network into Web3 communications, partnering with Mysten Labs to set standards for security, availability, and performance for the Sui blockchain. Anapaya recently secured €1.8M in funding from Mysten Labs to support development of SCION-based Web3 infrastructure.