Fundraising Fox

NPC Labs

Phoenix, US · Founded 2024 · Delaware corporation · 8 known investors

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 (B3)

Founders & leadership

DX
Daryl XuNamed on SEC filing
VH
Viktoriya HyingNamed on SEC filing

Investors · 8

Also in the syndicate · 2

Mantle EcoFundSfermion

Reported raises · per SEC filings

Form D private placements

$21.8M disclosed across 1 of 2 rounds · 2024

$21.8MraisedDec 2024 · 113 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

NPC 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 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Total capital raisedJan 2024$21M
Wallet providers integrated with B3 ecosystemJan 2024350 wallet providers

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jul 2024
NPC Labs closes $18M round led by Pantera Capital

NPC 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 ↗

Jul 2024
B3 gaming network in testnet

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.

source ↗

Jan 2024
Southeast Asia expansion focus

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.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
NPC LabsDelaware

In the news

Research sources · 6

primary sources listed

6 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 are NPC Labs's investors?
NPC Labs's investors include Bitscale Capital, Collab+Currency, Hashed, Makers Fund, Mirana Ventures, Pantera Capital.
How much funding has NPC Labs raised?
NPC Labs has disclosed $21.8M raised across 1 of its 2 known rounds.
Where is NPC Labs headquartered?
NPC Labs is headquartered in Phoenix, US.