# Phi Labs funding: rounds and investors

> Phi Labs has raised $21M across 1 round since 2022. Investors include Hashed, Blockchain Capital and Lemniscap. Every round with its source.

Source: https://millionrounds.com/company/phi-labs (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Phi Labs*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$21M** raised across 1 round since 2022, from 1 source

- **Latest round:** Seed, $21M Mar 2022
- **Investors:** 4

See who backed them

## The rounds

- **Mar 2022** Seed **$21M** [Hashed](https://millionrounds.com/fund/hashed) [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) [Lemniscap](https://millionrounds.com/fund/lemniscap) [CoinFund](https://millionrounds.com/fund/coinfund) Source recorded

## Everyone who backed them

[Hashed](https://millionrounds.com/fund/hashed) VC firm **1** round

[Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) VC firm **1** round

[Lemniscap](https://millionrounds.com/fund/lemniscap) VC firm **1** round

[CoinFund](https://millionrounds.com/fund/coinfund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=phi-labs).

## Quick answers about Phi Labs

### Who invested in Phi Labs?

Phi Labs's investors include Hashed, Blockchain Capital, Lemniscap and CoinFund.

### How much has Phi Labs raised?

Phi Labs has raised $21M across 1 round since 2022.

### When did Phi Labs last raise?

Phi Labs's most recent round was a Seed of $21M in Mar 2022.

### What was Phi Labs's biggest round?

Its most recent round, $21M in Mar 2022, is also its largest on record.

### Who backed Phi Labs first?

Phi Labs's first round on record, in Mar 2022, was backed by Hashed, Blockchain Capital and Lemniscap and 1 others.

### What stage is Phi Labs at?

Phi Labs's latest named round is a Seed, in Mar 2022.

### Where is Phi Labs based?

Phi Labs is based in the United Kingdom.

## Companies like Phi Labs

In the same sector, and raised in the last eighteen months.

[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**Velocity** $105M · Sept 2026](https://millionrounds.com/company/velocity)[**Term Structure Labs** $8.6M · Aug 2026](https://millionrounds.com/company/term-structure-labs)[**Neutral Trade** $2.5M · Aug 2026](https://millionrounds.com/company/neutral-trade)[**SatoshiPay** $2.1M · Jul 2026](https://millionrounds.com/company/satoshipay)[**Elliptic** $265M · Jul 2026](https://millionrounds.com/company/elliptic)

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