Revolutionizing Web3 with $225M Series A Funding: Monad Labs Accelerating EVM Adoption

We are thrilled to announce that Monad Labs has successfully raised $225 million in a Series A funding round, paving the way for the rapid development and deployment of our ground-breaking blockchain technology. As a pioneer in enhancing the Ethereum Virtual Machine (EVM), Monad Labs is dedicated to eliminating the bottlenecks that currently plague decentralized applications (dApps). Given that over 96% of DeFi capital is tied to EVM apps, our mission to optimize transaction throughput is more critical than ever. With Ethereum’s performance peaking at just 10 transactions per second and existing EVM rollups failing to exceed 50 tps, the need for a solution is urgent. Monad’s innovative Layer-1 blockchain introduces parallel execution and superscalar pipelining to revolutionize EVM operations, enabling transactions to be processed more efficiently across all levels of the tech stack. Our funding will enable us to scale our talented team and accelerate Monad’s journey to production, ensuring that developers can harness exceptional performance using consumer-grade hardware—all while preserving decentralization. We believe that with the right technological innovations, decentralized applications have the potential to transform industries and impact daily life on a global scale. This investment is a crucial step in our vision to empower the next generation of web3 solutions, making it possible for decentralized apps to truly “eat the world.” Thank you to our investors for believing in our mission, and we can’t wait to share the advancements ahead!