# Binance Labs: portfolio, investments and team

> Binance Labs is an accelerator based in Malta. 5 investments on record, latest Jul 2019. Portfolio, stages, co-investors and team.

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

Malta · [Investor](https://millionrounds.com/investors)

# Binance Labs

Last cheque observed Jul 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Accelerator Now at yzilabs.com

Pre-seed Seed Series A Blockchain Token Web 3

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **2660** days **00** hrs **00** min **00** sec

Median round **$3.0M** Cheque size, as they say **$100K – $5.0M** Rounds led **0 of 5**

Pitch Binance Labs

## Binance Labs highlights

- 01 5 rounds on record
- 02 Mostly Seed: 100% of its rounds

## What they do

- **Type:** Accelerator (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Blockchain Token Web 3
- **Based in:** Malta
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2019** 3 rounds
- **Jul** **[Elrond](https://millionrounds.com/company/elrond)** Hedgethink **$1.9M** With 4 others
- **Jul** **[Marlin Protocol](https://millionrounds.com/company/marlin-protocol)** Seed · US · Coindesk **$3.0M** With 3 others
- **Jul** **[Torus](https://millionrounds.com/company/torus)** Medium **$2.0M** With 4 others
- **2018** 2 rounds
- **Aug** **[Terra](https://millionrounds.com/company/terra)** Seed · SG · FinSMEs **$32M** With 10 others
- **Jun** **[Republic](https://millionrounds.com/company/republic)** US · FinSMEs **$12M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **9** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.0M** the round, not its cheque

Led 0 of 5 rounds **0%**

- **Said size:** $100K – $5.0M
- **Sole investor:** Never alone
- **Last cheque:** Jul 2019

Rounds by stage said on their site

- Seed said *2*
- Pre-seed said *-*
- Series A said *-*
- Series B said *-*

Cheques by year Led Joined

2018 2019

Often in the room with

- [Arrington XRP Capital](https://millionrounds.com/fund/arrington-xrp-capital) 2
- [Electric Capital](https://millionrounds.com/fund/electric-capital) 2
- [FBG Capital](https://millionrounds.com/fund/fbg-capital) 2

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## Who they invest alongside

The investors most often in the same rounds as Binance Labs. A count of rooms they were both in, not a relationship either has claimed.

[**Arrington XRP Capital** VC firm **2** rounds together](https://millionrounds.com/fund/arrington-xrp-capital)[**Electric Capital** VC firm **2** rounds together](https://millionrounds.com/fund/electric-capital)[**FBG Capital** VC firm **2** rounds together](https://millionrounds.com/fund/fbg-capital)

## Recently backed

The latest companies Binance Labs put money into.

[**Torus** $2.0M · Jul 2019](https://millionrounds.com/company/torus)[**Republic** $12M · Jun 2018](https://millionrounds.com/company/republic)

## Quick answers about Binance Labs

### What does Binance Labs invest in?

Binance Labs invests most often at Seed (100% of the rounds on record), in sectors such as Blockchain, Token and Web 3.

### How active is Binance Labs?

5 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2019.

### What has Binance Labs invested in recently?

Its most recent investments on record: Elrond (Undisclosed round, Jul 2019), Marlin Protocol (Seed, Jul 2019) and Torus (Undisclosed round, Jul 2019).

### How big are Binance Labs's cheques?

The median round it joins is $3.0M. It says it writes cheques of $100K to $5.0M.

### Does Binance Labs lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

### Is Binance Labs investing now?

No investments in the last 12 months; the latest was in Jul 2019.

### Who does Binance Labs invest alongside?

Most often Arrington XRP Capital (2 rounds together), Electric Capital (2 rounds together) and FBG Capital (2 rounds together).

### What kind of investor is Binance Labs?

Binance Labs is an accelerator based in Malta.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=binance-labs) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=binance-labs)
