Yuga Labs Valuation, Funding & Investors

Yuga Labs is valued at $4B as of March 2022.

Last Yuga Labs valuation

$4B

Seed · Mar 2022

Last Yuga Labs funding round

$450M

Seed · Mar 2022

Cumulative funding Yuga Labs raised

$450M

across 1 funding round

Key investors in Yuga Labs

  • a16z crypto

Yuga Labs Overview

About Yuga Labs

Yuga Labs is a Miami-headquartered blockchain company renowned for creating the Bored Ape Yacht Club NFT collection and CryptoPunks intellectual property. Launched in 2021, it develops digital collectibles, metaverse experiences like Otherside, and ApeCoin cryptocurrency for Web3 entertainment.


Founded

2021

HQ

United StatesMiami, FL

Website

yuga.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$4B (Mar 2022)

Yuga Labs Valuation

Yuga Labs is currently valued at $4B, based on its seed round in March 2022.

The $450M round was led by a16z crypto.

Yuga Labs valuation by funding round

Yuga Labs valuation by funding round
DateStageValuation
Mar 2022Seed$4B

Yuga Labs Funding History

Yuga Labs has raised a total of $450M across 1 funding round.

Yuga Labs funding rounds

Yuga Labs funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2022Seeda16z crypto (lead)$450M$4BYuga Labs is a web3 platform and digital media company most known for creating the Bored Ape Yacht Club, one of the most prominent NFT collections. The company also acquired CryptoPunks and Meebits from Larva Labs, positioning itself as the owner of three of the biggest NFT brands in the market. Yuga Labs announced its Series Seed funding round on March 22, 2022, raising $450 million at a post-money valuation of $4 billion. The round was led by a16z crypto (the cryptocurrency arm of Andreessen Horowitz) with participation from major crypto and gaming players including Animoca Brands and The Sandbox, LionTree, Sound Ventures, Thrive Capital, FTX, and MoonPay. This represented the largest seed round reported in the NFT and crypto space at the time. The company planned to use the capital to scale its team, attract top talent in creative, engineering, and operations, and pursue joint ventures and partnerships. Shortly before the funding announcement, Yuga Labs launched ApeCoin, a cryptocurrency token designed to serve as the currency for its ecosystem and metaverse project called Otherside, which would integrate avatars and assets from multiple NFT projects. The funding positioned Yuga Labs as a major player in the emerging web3 culture, gaming, and entertainment sector.

Who has invested in Yuga Labs?

1 investor has backed Yuga Labs across its funding rounds, including a16z crypto.

Lead investors include a16z crypto.


Yuga Labs Investors

Investors in Yuga Labs by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Yuga Labs

Yuga Labs has acquired 6 companies to date.

Last acquisition by Yuga Labs was on December 27th 2025. Yuga Labs acquired Unreal Engine for undisclosed valuation.


Latest Acquisitions by Yuga Labs

Unreal Engine
PROOF
Roar Studios
WENEW
Description
Unreal Engine is Epic Games' integrated development environment supporting physically based rendering, user interfaces, level design, animation tools, visual effects, physics simulation, multiplayer networking, and asset pipelines for interactive entertainment projects.
PROOF is a podcast network dedicated to non-fungible tokens, featuring interviews with artists, generative art creators, and metaverse developers. Hosted from New York, it covers NFT gaming, tools for collectors, and market trends, with episodes reaching over 100,000 listeners monthly across platforms like Spotify and Apple Podcasts.
Roar Studios is a San Francisco-headquartered platform merging music, gaming, and social features. It enables virtual jam sessions, AI-assisted practice, and collaborative performances in a music metaverse. Backed by Galaxy Interactive, the company raised seed funding in 2021. Roar Studios targets musicians worldwide with tools for recording and sharing across genres.
WENEW is the platform hosting the 10KTF NFT collection featuring narrative-driven digital fashion and metaverse assets. Operated by WENEW Labs in collaboration with 10KTF creators, it supports virtual wearables compatible with Decentraland and Sandbox platforms. The project launched its flagship drop in 2022, attracting collectors interested in lore-rich blockchain art.
HQ CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
-
Portland, OR
Los Angeles, CA
Los Angeles, CA
Deal Date27 Dec 202516 Feb 202431 Jul 202314 Nov 2022
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Investments by Yuga Labs

Yuga Labs has invested in 2 companies to date.

Latest investment by Yuga Labs was on June 6th 2025. Yuga Labs invested in Orange Cap Games in their $4M Seed round.


Latest Investments by Yuga Labs

Orange Cap Games
UnicornDAO
Description
Orange Cap Games is a studio specializing in game and experience design for trading card games tied to the Pudgy Penguins NFT collection. The company produces both digital versions accessible via web3 platforms and physical card sets for collectors and players worldwide.
UnicornDAO is a Moscow-based NFT platform empowering female and LGBTQ creators in Web3 through dedicated tools and content production. It generates digital art and collectibles using blockchain-native technologies to foster inclusive participation in the NFT ecosystem.
HQ CountryUnited StatesUnited States
HQ City
New York City, NY
Los Angeles, CA
Deal Date6 Jun 202520 May 2022
RoundSeedSeed
Raised$4M$5M
InvestorsIVC; Bing Ventures; 1kxBig Sky Partners; Infinite Capital; True Ventures; MoonPay; ConsenSys Mesh; Wave Digital Assets; Polygon
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Yuga Labs Competitors

Yuga Labs competitors include listed companies like Bullish and Sharplink, and private ones like Bitpanda, Anchorage Digital, Sorare and BlockFi.

Public and private companies comparable to Yuga Labs
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
BitpandaAustriaViennaPrivate$427M$15M$4.1B-
Anchorage DigitalUnited StatesSan Francisco, CAPrivate$85M-$4.2B49.4x
SorareFranceParisPrivate$150M-$4.3B28.7x
BlockFiUnited StatesJersey City, NJPrivate$50M-$4.5B90.0x
BullishUnited StatesUnited StatesPublicly listed$245B($727M)$5.3B13.5x
SharplinkUnited StatesUnited StatesPublicly listed$28M($734M)$1.8B39.9x

Yuga Labs Public Comps

Yuga Labs is still privately-owned, but its public comps include Galaxy Digital, Hyperliquid Strategies, Bullish, Sharplink, Securitize, OSL Group, HashKey Holdings, BitGo Holdings, Indokripto Koin Semesta and Rhino Bitcoin.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Galaxy Digital$60B($177M)0.1x0.2x(43.3x)(182.6x)
Hyperliquid Strategies$9M-308.0x162.2x--
Bullish$245B($727M)0.0x13.5x(6.3x)38.2x
Sharplink$28M($734M)61.9x39.9x(2.4x)141.1x
Securitize$62M($34M)25.5x22.2x(46.0x)(37910.8x)
OSL Group$62M($48M)16.6x11.3x(21.7x)(23.2x)
HashKey Holdings$92M($109M)6.4x-(5.4x)-
BitGo Holdings$16B($9M)0.1x5.5x(125.1x)125.4x

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Common questions about Yuga Labs

When was Yuga Labs founded?Yuga Labs was founded in 2021.
Where is Yuga Labs headquartered?Yuga Labs is headquartered in Miami, FL, United States.
Is Yuga Labs publicly listed?No, Yuga Labs is a private, VC-backed company.
What is Yuga Labs' valuation?Yuga Labs was last valued at $4B in its seed round in March 2022.
How much funding has Yuga Labs raised?Yuga Labs has raised $450M across 1 funding round.
What was Yuga Labs' last funding round?Yuga Labs' last funding round was a $450M seed round in March 2022, led by a16z crypto.
Who are Yuga Labs' investors?Yuga Labs' investors include a16z crypto.
Which companies are comparable to Yuga Labs?Companies comparable to Yuga Labs include Bitpanda, Anchorage Digital, Sorare, BlockFi, Bullish and Sharplink.
How many companies has Yuga Labs acquired?Yuga Labs has acquired 6 companies, including Unreal Engine, PROOF, Roar Studios, WENEW and Meebits.
How many companies has Yuga Labs invested in?Yuga Labs has invested in 2 companies, including Orange Cap Games and UnicornDAO.
What was Yuga Labs' last investment?In June 2025, Yuga Labs invested in Orange Cap Games' $4M seed round alongside IVC, Bing Ventures and 1kx.

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