What is MachineFi Lab?
MachineFi Lab is pioneering a new paradigm fueled by Web3, aiming to establish a machine economy where resources and intelligence can be financialized. This approach seeks to deliver value and ownership directly to individuals, shifting away from centralized corporate control. The company's focus on enabling the financialization of machine resources and intelligence places it at the forefront of innovation in decentralized technology and the future of ownership.
How much funding has MachineFi Lab raised?
MachineFi Lab has raised a total of $50M across 1 funding round:
Series A
$50M
Series A (2022): $50M with participation from Wemade, Jump Crypto, Escape Velocity, DHVC, NewBuild VC, IOSG Ventures, Hanwha Impact, Xoogler, AlphaGrep Securities Private, Goodwater Capital, VistaLab Technologies, and HashKey Capital
Key Investors in MachineFi Lab
Escape Velocity
Escape Velocity Systems is a venture capital firm specializing in enterprise resource planning (ERP) implementations and software development for mid-market enterprises, focusing on process manufacturing and distribution.
DHVC
DHVC is a venture capital firm based in Palo Alto, California, that invests in early-stage technology companies across Enterprise, Consumer, FinTech, and Healthcare sectors, with a focus on AI, Bio, and Crypto.
IOSG Ventures
IOSG Ventures is a research-driven investment fund established in 2017, focusing on Web3 infrastructure, middleware, security, and social consumer applications, supporting founders in building community-friendly protocols.
What's next for MachineFi Lab?
The substantial enterprise-level funding indicates MachineFi Lab is poised for significant scaling and development. This capital injection will likely fuel expansion of its platform, further development of its Web3 infrastructure, and strategic partnerships to broaden the adoption of its machine economy model. The company's trajectory suggests a strong emphasis on building out its ecosystem and solidifying its market presence in the decentralized finance and IoT space.
See full MachineFi Lab company page