What is Dust Labs?
Dust Labs operates within the cryptocurrency space, building upon the foundation of the DeGods brand. Launched in Los Angeles in 2021, DeGods is recognized for its strong community engagement and innovative projects, offering a diverse portfolio that includes NFTs, merchandise, and a collaborative community platform. The brand's ethos centers on creativity and fostering shared experiences among its global user base, targeting cryptocurrency enthusiasts and NFT collectors.
How much funding has Dust Labs raised?
Dust Labs has raised a total of $7M across 1 funding round:
Unspecified
$7M
Unspecified (2022): $7M with participation from Metaplex, Foundation Capital, Jump, FTX Ventures, Chapter One, and Solana Ventures
Key Investors in Dust Labs
Metaplex
Metaplex is a permissionless on-chain protocol for creators to launch their own non-fungible token (NFT) storefronts directly on the Solana blockchain, offering an open-source framework for managing independent NFT storefronts with lower transaction fees.
Foundation Capital
Foundation Capital is a venture capital firm that partners with founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.
Jump
Undisclosed investor participating in the funding round.
What's next for Dust Labs?
The recent major strategic investment signals a pivotal growth phase for Dust Labs. This influx of capital is expected to fuel further development of its ecosystem, enhance community initiatives, and potentially expand its market reach. The company's focus on innovation and community-driven projects positions it for continued evolution in the dynamic digital asset landscape.
See full Dust Labs company page
