# SKALE Labs funding: rounds and investors

> SKALE Labs has raised $9.7M across 2 rounds since 2018. Investors include Canaan, Floodgate and Galaxy Digital. Every round with its source.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *SKALE Labs*

2 rounds we have observed, with the 12 investors named in them. 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

**$9.7M** raised across 2 rounds since 2018, from 2 sources

- **Latest round:** Venture Feb 2023
- **Biggest round:** $9.7M Round · Oct 2018
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023

**$9.7M** Round

**?** Venture

- **First round:** Round, $9.7M
- **Biggest round:** $9.7M
- **Between rounds:** 4.3 years

## The rounds

- **Feb 2023** Venture **Amount undisclosed** *3 new* *3 returning* [Canaan](https://millionrounds.com/fund/canaan-partners) [Floodgate](https://millionrounds.com/fund/floodgate) [Hashed](https://millionrounds.com/fund/hashed) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [Change Ventures](https://millionrounds.com/fund/change-ventures) [Blockchange Ventures](https://millionrounds.com/fund/blockchange-ventures) Source recorded
- **Oct 2018** Round **$9.7M** *9 new* [Canaan](https://millionrounds.com/fund/canaan-partners) [Floodgate](https://millionrounds.com/fund/floodgate) [Boost VC](https://millionrounds.com/fund/boost-vc) [Hack VC](https://millionrounds.com/fund/hack-vc) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) [Blockchange](https://millionrounds.com/fund/blockchange) [Neo Global](https://millionrounds.com/fund/neo-global) Multicoin Capital/ Aspect Reported by VentureBeat

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Venture** 2023 [Canaan](https://millionrounds.com/fund/canaan-partners) [Floodgate](https://millionrounds.com/fund/floodgate) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [Boost VC](https://millionrounds.com/fund/boost-vc) [Hack VC](https://millionrounds.com/fund/hack-vc) [Hashed](https://millionrounds.com/fund/hashed) [Change Ventures](https://millionrounds.com/fund/change-ventures) [Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) [Blockchange Ventures](https://millionrounds.com/fund/blockchange-ventures) [Blockchange](https://millionrounds.com/fund/blockchange)

## Everyone who backed them

[Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **2** rounds

[Floodgate](https://millionrounds.com/fund/floodgate) VC firm **2** rounds

[Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Private equity **2** rounds

[Boost VC](https://millionrounds.com/fund/boost-vc) VC firm **1** round

[Hack VC](https://millionrounds.com/fund/hack-vc) VC firm **1** round

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

[Change Ventures](https://millionrounds.com/fund/change-ventures) VC firm **1** round

[Signia Venture Partners](https://millionrounds.com/fund/signia-venture-partners) VC firm **1** round

[Blockchange Ventures](https://millionrounds.com/fund/blockchange-ventures) VC firm **1** round

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

[Neo Global](https://millionrounds.com/fund/neo-global) Investment firm **1** round

Multicoin Capital/ Aspect no record of our own yet **1** round

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

## Also claim to have backed them

These 3 firms list SKALE Labs as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Winklevoss Capital](https://millionrounds.com/fund/winklevoss-capital) Family office Per its own site

[Andromeda Capital](https://millionrounds.com/fund/andromeda-capital) VC firm Per its own site

[Kyber Knight Capital](https://millionrounds.com/fund/kyber-knight-capital) VC firm Per its own site

## Quick answers about SKALE Labs

### Who invested in SKALE Labs?

SKALE Labs's investors include Canaan, Floodgate, Galaxy Digital, Boost VC and Hack VC, and 7 more on record.

### How much has SKALE Labs raised?

SKALE Labs has raised $9.7M across 2 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did SKALE Labs last raise?

SKALE Labs's most recent round was a Venture in Feb 2023.

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

SKALE Labs's largest round on record is $9.7M (Undisclosed round), in Oct 2018.

### Who backed SKALE Labs first?

SKALE Labs's first round on record, in Oct 2018, was backed by Canaan, Floodgate and Boost VC and 6 others.

### What stage is SKALE Labs at?

SKALE Labs's latest named round is a Venture, in Feb 2023.

### Where is SKALE Labs based?

SKALE Labs is based in the United States.

## Companies like SKALE Labs

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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