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Funding Rounds
HypeLab Fundraising Info
HypeLab, a web3 advertising startup that uses on-chain data to personalize and serve ads, raised seed capital of $4 million in a funding round led by VC firms Shima Capital and Makers Fund.
Founded in part by former Google product manager Ed Weng, who has a background in digital advertising, the adtech aims to sell services to clients eager to get a headstart on connecting with the growing number of consumers embracing blockchain-enabled solutions and products.
Shima Capital General Partner Yida Gao cited the VC’s “excitement for web3 and confidence in adtech playing a critical role in the future of the ecosystem” as reasons for investing in HypeLab.
HypeLab Investors and Backers
| Name | Tier | Type | Stage |
|---|---|---|---|
 Coinbase Ventures | 1 | Venture | |
 Shima Capital Lead | 2 | Venture | |
 Makers Fund Lead | 3 | Venture | |
 Big Brain Holdings | 3 | Venture | |
 Inception capital | 3 | Venture | |
 Dispersion Capital | 4 | Venture | |
 King River Capital | 4 | Venture | |
 Bison Fund | 4 | Venture | |
 Parataxis Capital | 4 | Venture | |
 Octava | 4 | Venture |
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