Vancouver’s LayerZero Labs raises $135M, valued at $1B


April 5, 2022

LayerZeo Labs, a blockchain startup based in Vancouver has announced that it’s raised USD $135 million in a round co-led by venture heavyweights Sequoia Capital, FTX Ventures and Andreessen Horowitz, with participation from Coinbase Ventures, PayPal Ventures, Tiger Global and Uniswap Labs.

The funding round values LayerZero Labs at USD $1 billion, which puts it in Vancouver’s growing pack of unicorns (companies privately valued at more than $1 billion).

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