on May 31, 2023, Magic Labs raised $52 million in a Strategic funding round led by PayPal Ventures

Magic Labs
Magic Labs
Magic Labs
Magic Labs raised $52 million in a Strategic funding round led by PayPal Ventures with participation from Volt Capital, Synchrony, Cherubic Ventures, Northzone, KX, and others.
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Ecosystems
Immutable, Moonbeam
Industries
Security, Development, Substrate
Links
Headquarters
United States

Investors

PayPal Ventures
PayPal Ventures
PayPal's venture capital arm, investing in PayPal's strategic interest fields for return.
Lead
Volt Capital
Volt Capital
Community. Research. Investment.
Synchrony
Synchrony
On-Chain Copy-Trading. Composable Indexes.
Cherubic Ventures
Cherubic Ventures
Early-stage venture capital firm providing seed capital to talented entrepreneurs.
Northzone
Northzone
Support entrepreneurs in building global companies.
KX
KX
Humanity X Technology.

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