What is Union Labs?
Union Labs operates as a DeepTech Seed fund, headquartered in San Francisco, California. The firm is dedicated to investing in exceptional founders from diverse backgrounds who are leveraging deep technologies to address complex and challenging problems. Their investment thesis centers on identifying and supporting early-stage ventures with the potential for significant technological impact.
How much funding has Union Labs raised?
Union Labs has raised a total of $4M across 1 funding round:
Angel/Seed
$4M
Angel/Seed (2023): $4M with participation from Semantic Ventures, Tioga Capital, and Galileo Ventures
Key Investors in Union Labs
Semantic Ventures
Semantic Ventures LLP is an investment firm focused on the digital economy and data-driven initiatives, providing investment advisory and arranging services. They are regulated by the Financial Conduct Authority and target businesses and individuals seeking investment opportunities in the digital sector.
Tioga Capital
Tioga Capital is a European venture capital fund that focuses on supporting exceptional Web3 entrepreneurs and blockchain protocols, aiming to foster a future of decentralized trust models. They invest in innovative projects at the seed stage with ticket sizes ranging from €500K to €5M.
Galileo Ventures
Galileo Ventures is an Australian seed venture capital firm that supports emerging founders through investments in new technology, focusing on AI, software, hardware, and deeptech. They often lead investment rounds with ticket sizes between 200k and 500k.
What's next for Union Labs?
With this latest round of major enterprise-level funding, Union Labs is poised to expand its investment portfolio and further its mission of identifying and nurturing groundbreaking deep technology startups. The strategic backing suggests a focus on scaling operations and potentially exploring new technological frontiers. This capital will likely fuel further research and development within the companies they support, solidifying their role as a key player in the deep tech ecosystem.
See full Union Labs company page