Fundraising FoxNPC Labs
Phoenix, US · Founded 2024 · Delaware corporation · 9 known investors
Find your way into NPC Labs
Sign up to find every way you can get introduced to NPC Labs
- Your email: who you already know at NPC Labs, and who your contacts know
- 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the NPC Labs team
- Your LinkedIn: the connections who can make the intro for you
We rank every route by how warm it is, so you raise on warm intros instead of cold emails.
NPC Labs is a core contributor to B3, a gaming ecosystem built on Coinbase's Base layer-2 network.
Also known as B3 Labs · NPC Labs · NPC Labs (B3) · NPC Labs, Inc.
Founders & leadership
NPC Labs was founded in 2024 by Sean Geng.
Investors · 9
How we know: Makers Fund's portfolio page · crypto.news · Not right? Tell us
How we know: crypto.news · Not right? Tell us
How we know: crypto.news · Not right? Tell us
How we know: crypto.news · Not right? Tell us
How we know: funding news · crypto.news · Not right? Tell us
Also in the syndicate · 2
Reported raises · per SEC filings
Form D private placements$21.8M disclosed across 1 of 3 rounds · 2024
▶$21.8MraisedDec 2024 · 113 investors · Other TechnologyRule 506(b)
- Daryl XuExecutive Officer, Director, Promoter
- Viktoriya HyingExecutive Officer, Director, Promoter
- Offering amount
- $21.8M
- Amount sold
- $21.8M
- First sale
- Apr 2024
- Incorporated
- Corporation, Delaware, 2024
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026NPC Labs is a web3 gaming company whose principal effort is acting as a core contributor to B3, a horizontally scaled gaming ecosystem built on Base, Coinbase's Ethereum layer-2 network. The company's stated aim is to scale blockchain gaming for users who are not crypto-native, building products in which wallet, network and bridging mechanics are abstracted away from the player. B3 was in testnet as of mid-2024 and supported games built on Ethereum, Base and other EVM chains.
Alongside the network itself, NPC Labs has described building Basement.fun, a browser-based discovery portal intended to let users start playing games immediately without onboarding steps, positioned by the company as analogous to earlier HTML5 and Flash game sites. The B3 ecosystem integrates with more than 350 wallet providers and includes data dashboards and other backend tooling for developers.
Founding story
NPC Labs was started by three former members of Base's business and ecosystem development team; co-founder Daryl Xu serves as CEO and Viktoriya Hying as COO.
Business model
The company operates as a core contributor to the B3 blockchain gaming ecosystem, developing network infrastructure, developer tooling and consumer-facing game discovery products rather than acting as a traditional publisher. Its stated positioning is to let developers retain control and economics that would otherwise be given up to publishers.
Traction
Raised $18 million in July 2024, bringing total capital raised to $21 million; B3 was in testnet at that time with integrations across more than 350 wallet providers.
Latest developments
Following the $18 million round led by Pantera Capital, the company said funds would go toward hiring engineers and expanding the platform, with runway intended to carry it through market volatility.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positioned within the web3/GameFi segment as a contributor to Base's gaming ecosystem and to Base's stated goal of onboarding a billion users to blockchain.
Emphasis on chain abstraction and simplified onboarding so that blockchain infrastructure is invisible to players, plus developer flexibility in tooling and an economic model presented as an alternative to traditional publishing arrangements in which developers cede roughly 70% of proceeds.
Technology
NPC Labs builds chain-abstraction technology intended to remove network switching, manual bridging and multi-wallet management for end users, together with a gaming-oriented ecosystem on Base that supports games from Ethereum, Base and other EVM chains, integrations with over 350 wallet providers, and data dashboards and backend tools for developers.
Go-to-market
Discovery-led distribution through consumer web portals such as Basement.fun, direct work with game developers and studios to address onboarding friction, and support for games originating on chains other than Base. The company has said it is targeting Southeast Asia for new game development and player growth.
Game developers and studios seeking onchain distribution and tooling, and mainstream, non-crypto-native players the company refers to as "normies."
Geography
United States, with company listings citing New York City; expansion efforts directed at Southeast Asia.
History
The company was founded by three former members of Base's business and ecosystem development team and announced an $18 million funding round in July 2024, bringing total funding to $21 million.
Compiled by commissioned research from 11 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 5
launches, deals, and filingsNPC Labs announced an $18 million funding round led by Pantera Capital, with participation from Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital and Mantle EcoFund. Proceeds are earmarked for the company's work as a core contributor to B3, a gaming ecosystem on Base, for hiring engineers and for expanding the platform.
$18M source ↗
NPC Labs announced an $18 million seed round led by Pantera Capital, with participation from Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital and Mantle EcoFund, bringing total funding to $21 million including pre-seed investment. Proceeds are earmarked for work as a core contributor to B3.fun, engineering hires and platform expansion.
$18M source ↗
According to a release accompanying the funding, B3 was in testnet and supported games built on Ethereum, Base and other EVM chains. NPC Labs also described building Basement.fun, a web-based discovery portal for games.
B3, the gaming-focused ecosystem built on Base to which NPC Labs is a core contributor, was in testnet and reported as fully playable ahead of a broader launch, supporting games built on Ethereum, Base and other EVM-compatible chains.
NPC Labs said it is targeting Southeast Asia for new game development and player growth, and plans to index and support games from chains beyond Base.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 11
primary sources listed
- NPC Labs Raises $18M to Scale Gaming on Base Networkfinance.yahoo.com · web
11 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does NPC Labs do?
- NPC Labs is a core contributor to B3, a gaming ecosystem built on Coinbase's Base layer-2 network.
- Who founded NPC Labs?
- NPC Labs was founded by Sean Geng in 2024.
- Who are NPC Labs's investors?
- NPC Labs's investors include Coinbase Ventures, Makers Fund, Bitscale Capital, Collab+Currency, Hashed, Mirana Ventures, Pantera Capital.
- How much funding has NPC Labs raised?
- NPC Labs has disclosed $21.8M raised across 1 of its 3 known rounds.
- Where is NPC Labs headquartered?
- NPC Labs is headquartered in Phoenix, US.