Fundraising FoxPolymer
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Polymer Labs is a blockchain infrastructure startup that raised a $23M Series A in 2024.
Also known as Polymer Labs
Founders & leadership
Investors · 15
How we know: Blockchain Capital's portfolio page · funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: funding news · research · mainsights.io · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: Digital Currency Group's portfolio page · funding news · the VCSheet dataset · Not right? Tell us
How we know: Figment's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: funding news · the VCSheet dataset · research · mainsights.io · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: Placeholder VC's portfolio page · Not right? Tell us
How we know: Signum Capital's portfolio page · Not right? Tell us
How we know: funding news · research · mainsights.io · Not right? Tell us
Funding
SEC filings, press & company announcementsSource: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Polymer (polymerlabs.org), also referred to as Polymer Labs, is a startup whose work is described in available reporting as addressing challenges in blockchain innovation and promoting decentralized technologies. It is identified as a portfolio company of Advanced Blockchain AG.
Beyond the funding announcement, the sources provided contain no detail on the company's products, technology architecture, customers, headcount or geographic base. Several other documents supplied reference unrelated organizations with similar names (a SaaS data-loss-prevention vendor named Polymer, polymer-materials companies, and PolyOne/Avient) and were excluded from this profile.
Traction
No operating metrics such as revenue, users or headcount are disclosed in the available sources; the only quantified data point is cumulative disclosed funding of more than $26 million across two rounds as of February 2024.
Latest developments
The most recent documented development is the $23 million Series A financing announced in February 2024, with investors including Maven 11, Distributed Global, Coinbase Ventures and Figment Capital. The company stated the proceeds would support work on blockchain and decentralized technology.
▸Full profile — market position, history
Market position
The available sources place the company in the blockchain/decentralized technology sector as a portfolio company of Advanced Blockchain AG, but provide no market share, ranking or competitive positioning data.
History
Public coverage identifies a February 2024 Series A of $23 million, at which point the company was reported to have raised more than $26 million across two financing rounds, implying an earlier round of roughly $3 million that is not otherwise documented in the sources available.
Compiled by commissioned research from 5 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 · 1
launches, deals, and filingsPolymer Labs, a portfolio company of Advanced Blockchain AG, secured USD 23m in a Series A round with investors including Maven 11, Distributed Global, Coinbase Ventures and Figment Capital; funds earmarked for work on blockchain and decentralized technologies.
$23M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- Polymer Labs raises USD 23m in Series A funding roundmainsights.io · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Polymer do?
- Polymer Labs is a blockchain infrastructure startup that raised a $23M Series A in 2024.
- Who founded Polymer?
- Polymer was founded by Bo Du.
- Who are Polymer's investors?
- Polymer's investors include Advanced Blockchain, Ambush Capital, Blockchain Capital, Coinbase Ventures, D1 Ventures, Digital Currency Group, Figment, LongHash Ventures and 7 more.