Fundraising Fox

Polymer

15 known investors

Polymer Labs is a blockchain infrastructure startup that raised a $23M Series A in 2024.

Also known as Polymer Labs

Founders & leadership

BDBo Du
Bo DuinFounder

Investors · 15

Company profile

researched Aug 2026

Polymer (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 reported
Number of financing roundsFeb 20242
Total disclosed fundingFeb 2024$26M

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

Timeline · 1

launches, deals, and filings
Feb 2024
Polymer Labs raises $23M Series A

Polymer 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.

In the news

Research sources · 5

primary sources listed

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.