# Term Structure Labs funding: rounds and investors > Term Structure Labs has raised $8.6M across 2 rounds since 2023. Investors include HashKey Capital and YZi Labs. Every round with its source. Source: https://millionrounds.com/company/term-structure-labs (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Seed startup](https://millionrounds.com/companies) # Who invested in *Term Structure Labs* 2 rounds we have observed, with the 2 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 Raised 3 months ago Funding summary Updated 26 Oct 2026 **$8.6M** raised across 2 rounds since 2023, from 2 sources **$4.3M** Seed **$4.3M** Seed - **Latest round:** Seed, $4.3M Aug 2026 - **Investors:** 2 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. 2024 2025 2026 **$4.3M** Seed **$4.3M** Seed - **First round:** Seed, $4.3M - **Biggest round:** $4.3M - **Between rounds:** 2.8 years ## The rounds - **Aug 2026** Seed **$4.3M** *1 new* *1 returning* [YZi Labs](https://millionrounds.com/fund/yzi-labs) [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) Source recorded - **Nov 2023** Seed **$4.3M** *1 new* [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) Source recorded ## Founders and team From Term Structure Labs's own website: 2 founders, 2 on the team. **Jerry Li** CEO & Co-Founder **Vincent Li** CTO & Co-Founder - **Luphia Chang** CTO of TideBit and Boltchain - **Ethan Yang** Director and Head of Matrixport Taiwan ## 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. **Seed** 2023 **Seed** 2026 [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) [YZi Labs](https://millionrounds.com/fund/yzi-labs) ## Everyone who backed them [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2) VC firm **2** rounds [YZi Labs](https://millionrounds.com/fund/yzi-labs) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=term-structure-labs). ## Quick answers about Term Structure Labs ### Who invested in Term Structure Labs? Term Structure Labs's investors include HashKey Capital and YZi Labs. ### How much has Term Structure Labs raised? Term Structure Labs has raised $8.6M across 2 rounds since 2023. ### When did Term Structure Labs last raise? Term Structure Labs's most recent round was a Seed of $4.3M in Aug 2026. ### What was Term Structure Labs's biggest round? Its most recent round, $4.3M in Aug 2026, is also its largest on record. ### Who backed Term Structure Labs first? Term Structure Labs's first round on record, in Nov 2023, was backed by HashKey Capital. ### What stage is Term Structure Labs at? Term Structure Labs's latest named round is a Seed, in Aug 2026. ### Where is Term Structure Labs based? Term Structure Labs is based in the United Kingdom. ## Companies like Term Structure 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)[**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)[**Orbital** $71M · Jun 2026](https://millionrounds.com/company/orbital) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app