R Labs Raises +$5M In Pre-Seed Funding

R Labs, an Austin, TX-based blockchain-based financial technology company, raised +$5M in pre-seed funding.

The round was led by a roster of notable investors associated with leading institutions including Softbank, AGF and Prodege, among others. Advisors supporting R Labs’ projects and initiatives are linked to industry leading organizations and projects including Azuki, Decentraland, Warner Music Group (WMG), Creative Artists Agency (CAA) and more.

Led by Geeta Sankappanavar and Chelsea Cain Maclin, R Labs is a values-based company building a social impact ecosystem in Web3 where every action will aim to create a positive impact in the physical world.

The company will launch a new purpose-led NFT project arriving to Web3 later this summer oriented around intersectional impact in five core pillars including mental wellness, inclusivity, sustainability, education, and overall entertainment.

FinSMEs

28/06/2022