Aptos Labs Looks to bring Diem Blockchain Back to Life, Raises $150M in Funding Round

Aptos Labs

Aptos Labs, comprising of former employees from Facebook, have raised $150 million in their Series A funding round. The funding round was led by Jump Crypto and FTX Ventures, FTX’s venture capital arm.

The funding round also included investments from Multicoin Capital, Circle Ventures, Andreessen Horowitz, and other top crypto firms, as confirmed by a statement from the company.

So far in this year 2022, Aptos Labs have raised a total of $350 million as they aim to use Move, their technology and programming language, to bring the Diem Blockchain back to life.

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