Organizations

Yuga Labs is Creators of  Bored Ape Yacht Club. Founded by four friends, the company began as a text message — "Let's make a NFT".

The company’s flagship collection, Bored Ape Yacht Club (BAYC), launched in April 2021, with each NFT doubling as a membership to the community. Inspired by the early crypto adopters who aped in, struck gold, yet always seemed bored – 10,000 Bored Apes were minted for roughly $200 at the time.

The NFT collection sold out in the early morning of May 1st, 2021, and an incredible community began to form almost immediately.

That community soon multiplied with the creation of 10,000 dog companions for the apes (Bored Ape Kennel Club) and 20,000 Mutant Apes (Mutant Ape Yacht Club), half of which were minted via a first-of-its-kind mechanic involving serums.

2022 was a year of rapid growth for Yuga. The Yugaverse expanded beyond BAYC with the announcement of Otherside, a gamified metaverse. Popular NFT collections CryptoPunks, Meebits, and 10KTF also joined the party, bringing new IP, reach, and community to Yuga.

Through all of this growth and innovation, the team has continued to prioritize the web3 values of decentralization and ownership. Yuga has been a pioneer at every turn, including hosting exclusive festivals, events, merch drops, and collaborations accessible to holders of NFTs.

Most notably, Yuga decentralized the IP rights of Bored Apes, Punks, and Meebits, granting holders rights to the underlying art. This created opportunities for the community of NFT holders to leverage the utility of their NFT - creating their own brands and communities.

BAYC has become the world's most recognizable NFT collection and Yuga itself has become the fastest-growing startup in web3.

All roads lead to Otherside – the first metaverse that includes the community in the development process. Otherside rejects the walled gardens and closed networks of traditional gaming spaces in favor of interoperability and access, inviting everyone to play and create.

PARAMI  INVESTORS

MoonPay Ventures

Animoca Ventures

FTX Ventures

Artist Capital

Tess Ventures

James Hall

Michael Figge

Mike Seavers

Daniel Alegre

Spencer Tucker

Danny Greene

Yuga Labs

PROOF

Hadean

Roar Studios

WENEW Labs

UnicornDAO

Coinbase Ventures

Tiger Global

MoonPay

Genies

Lightspeed Venture Partners

LeadBlock Partners

The Sandbox

Eden Block

Samsung NEXT

BOND

Sound Ventures

Thrive Capital

Standard Crypto

Seven Seven Six

Vaynerfund

DIGITAL

Hashed

LionTree Partners

ANDREESSEN HOROWITZ

SV Angel

Justin David Blau

Time Ventures

Mark Cuban

Investors

CypherHunter Plus

on Mar 23, 2022, Yuga Labs raised $450 million in a Seed funding round led by ANDREESSEN HOROWITZ

Investors

CypherHunter Plus