Crypto Startup Monad Labs Aims to Create Next ‘Ethereum Killer’ After Raising $19M in Seed Round

The funding round for Monad was led by crypto venture capital firm Dragonfly Capital with the participation of 70 other investors, including Placeholder Capital, Lemniscap, Shima Capital, Finality Capital, as well as angel investors in the digital asset space such as Naval Ravikant, Cobie, and Hasu, the statement said.