# Thala Labs: Blockchain, Finland

> Thala Labs: Building $MOD, a decentralized, yield-bearing stablecoin, and the liquidity provisioning layer on Aptos. Based in Finland. Founded 1999.

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

Finland · [Blockchain startup](https://millionrounds.com/companies)

# Thala Labs

Building $MOD, a decentralized, yield-bearing stablecoin, and the liquidity provisioning layer on Aptos.

Funding reported Last round: Seed

Blockchain Finland

Company summary

- **Founded:** 1999 27 years old
- **Team:** - not reported
- **Funding reported:** 6M as listed, currency not stated
- **Last round:** Seed Oct 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Thala Labs has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Thala Labs raised

Funding, as reported

Reported in all **6M** in the source's currency

Rounds **1**

Last round **Seed**

Last round date **Oct 2022**

Investors listed **9**

## On 2 portfolio pages

Investors who name them

- [ParaFi Capital](https://millionrounds.com/fund/parafi)
- [Blocktree Capital](https://millionrounds.com/fund/blocktree-capital)

Each firm lists Thala Labs on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Blockchain in Finland

Startups like it

- [**Solend** Port Charlotte · founded 2021](https://millionrounds.com/startup/solend)
- [**CoWSwap** Startup](https://millionrounds.com/startup/cowswap)
- [**Eywa** founded 2021](https://millionrounds.com/startup/eywa)
- [**Galaxy Blitz** Helsinki · founded 2021](https://millionrounds.com/startup/galaxy-blitz)
- [**Moonwell Finance** founded 2021](https://millionrounds.com/startup/moonwell-finance)
- [**MetaDAO** San Francisco · founded 2022](https://millionrounds.com/startup/metadao)
- [**Cega** Singapore · founded 2022](https://millionrounds.com/startup/cega)
- [**Kresko Labs** Ontario · founded 2021](https://millionrounds.com/startup/kresko-labs)

## Is this your company?

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