How Much Did Sirin Labs Raise?
Funding & Key Investors

Sirin Labs, a company focused on developing secure blockchain smartphones, has secured significant enterprise-level funding, with its total funding reaching $72M. The company recently announced a major strategic investment of $72M, underscoring its progress in bridging the gap between the blockchain economy and the mass market. This latest capital infusion is expected to accelerate the development and market penetration of its flagship FINNEY smartphone.

What is Sirin Labs?

Sirin Labs
ManufacturingTelecommunication Equipment

SIRIN LABS is at the forefront of innovation in the blockchain technology sector, dedicated to creating the FINNEY, an open-source, ultra-secure blockchain smartphone equipped with an embedded cold storage crypto wallet. The company aims to democratize access to the crypto market by addressing critical barriers such as security and user experience. Building on the success of its initial SOLARIN phone, recognized for its robust security features, SIRIN LABS is leveraging its expertise to enhance the FINNEY. The FINNEY will operate on SIRIN OS, a customized, Google-certified Android variant, featuring a proprietary cyber protection suite, integrated wallet functionality, a dApp store (dCENTER), and a Token Conversion Service. Strategic alliances with industry leaders like Cardano and FIH (Foxconn International Holdings) further bolster its market position. The company has also secured high-profile brand ambassadors, including football legend Leo Messi and boxing champion Gennady Golovkin, to promote the FINNEY and SIRIN OS.

How much funding has Sirin Labs raised?

Sirin Labs has raised a total of $72M across 1 funding round:

2016

Angel/Seed

$72M

Angel/Seed (2016): $72M with participation from Renren Inc

Key Investors in Sirin Labs

Renren Inc

Renren Inc is a Chinese internet company primarily focused on the real estate and automobile sectors, indicating a potential interest in technology ventures that can leverage their existing market presence or explore new digital frontiers.

What's next for Sirin Labs?

With the recent major strategic investment and a history of substantial capital raising, Sirin Labs appears to be in a scaling phase, poised to expand its market reach and product development. The company's focus on security and user experience for blockchain technology positions it to capitalize on the growing demand for accessible and safe cryptocurrency solutions. Future endeavors will likely concentrate on the global rollout of the FINNEY smartphone, further development of the SIRIN OS ecosystem, and the expansion of strategic partnerships to solidify its presence in both the tech and blockchain industries. The company's ability to attract significant backing and high-profile endorsements suggests strong confidence in its vision and execution capabilities.

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Frequently Asked Questions Regarding Sirin Labs Financial Insights

What are the most recent funding rounds that Sirin Labs has completed, and what were the funding rounds?
Sirin Labs has recently completed 1 funding rounds: Angel/Seed on Apr 23, 2016.
What is the total amount of funding Sirin Labs has raised to date?
Sirin Labs has raised a total of $72M in funding to date.
How many funding rounds has Sirin Labs completed?
Sirin Labs has completed 1 funding rounds.
How much funding did Sirin Labs raise in its most recent funding round?
Sirin Labs raised $72M in its most recent funding round.
Who are the lead investors in Sirin Labs's latest funding round?
The lead investor in Sirin Labs's latest funding round was Renren Inc. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sirin Labs's history?
The largest funding round in Sirin Labs's history was $72M.
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