Movement Labs
A network of modular Move-based blockchains built to combine performance with liquidity and composability.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* |
| $38.0m | Series A |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Movement Labs is a forward-thinking startup focused on enhancing blockchain technology through the Move programming language. The company operates in the blockchain and decentralized technology market, catering primarily to developers, blockchain enthusiasts, and businesses looking to leverage advanced blockchain solutions.
Movement Labs offers a suite of tools and infrastructure designed to make the Move programming language accessible across various blockchain networks. Their key products include the Movement SDK (Software Development Kit), Movement CLI (Command Line Interface), Fractal, Hyperlane messaging infrastructure, and the Movement Shared Sequencer. These tools aim to provide seamless interoperability, meaning they allow different blockchain systems to work together smoothly.
The company is also developing two significant blockchain networks: M1 and M2. M1 is a community-first blockchain that promises high transaction speeds (TPS), instant finality (immediate confirmation of transactions), and access to large pools of liquidity from day one. M2 will be the first Move Layer 2 solution on Ethereum, which means it will enhance Ethereum's capabilities by adding an additional layer that processes transactions more efficiently.
Movement Labs operates on a business model that likely includes offering its tools and infrastructure as a service to developers and businesses. They may generate revenue through subscription fees, licensing, or transaction fees associated with their blockchain networks.
The company emphasizes inclusivity and community engagement, encouraging developers and blockchain projects to join their ecosystem. They provide communication channels like Telegram and Discord for community interaction, fostering collaboration and knowledge sharing.
In summary, Movement Labs is revolutionizing blockchain technology by making the Move programming language widely accessible and promoting interoperability across different blockchain networks.
Keywords: Blockchain, Move Programming, Interoperability, SDK, CLI, Hyperlane, Sequencer, Ethereum, TPS, Community.
