{"id":88248,"date":"2023-12-14T12:08:35","date_gmt":"2023-12-14T10:08:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88248"},"modified":"2025-09-13T16:47:21","modified_gmt":"2025-09-13T13:47:21","slug":"a16z-and-founders-fund-lead-dynamic-labs-13-5-million-series-a-round","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/a16z-and-founders-fund-lead-dynamic-labs-13-5-million-series-a-round\/","title":{"rendered":"a16z and Founders Fund lead Dynamic Labs&#8217; $13.5 million Series A round"},"content":{"rendered":"<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-platform for authentication and authorization Dynamic Labs closed its Series A funding round of $13.5 million. The round was led by a16z and Founders Fund, as reported by<a href=\"https:\/\/fortune.com\/crypto\/2023\/12\/13\/dynamic-labs-raises-13-5-million-dollars-a16z-founders-fund\/\"> Fortune<\/a>.<\/p>\n<p>The funds were also provided by Castle Island Ventures, Breyer Capital, Nikhil Vishwanathan and Joseph Liu of Alchemy, and other investors, according to<a href=\"https:\/\/www.theblock.co\/post\/267208\/dynamic-labs-secures-13-5-million-of-series-a-funding-in-round-led-by-a16z-crypto\"> The Block<\/a>.<\/p>\n<p>The startup is developing technologies to streamline the onboarding process.<\/p>\n<p>Dynamic Labs offers a configurable all-in-one service that can either tuck the crypto-wallet technology under the hood for less-experienced users, or put it at the center of attention for Web3 users.<\/p>\n<p>The startup plans to roll out new tools allowing the integration of FaceID and TouchID into the wallet design.<\/p>\n<p>Among the firm&#8217;s clients are NFT company Doodles and the blockchain analytics platform Flooz.<\/p>\n<p>The proceeds will be used to recruit talent and for marketing.<\/p>\n<p>On December 13, the startup also announced the official release of its <span data-descr=\"a set of tools for software development\" class=\"old_tooltip\">SDK<\/span>.<\/p>\n<p>Earlier, former Revolut vice-president of growth Hannes Graah, ex-Coinbase and Spotify staff, with backing from Galaxy Digital <a href=\"https:\/\/forklog.com\/en\/news\/ex-revolut-coinbase-and-spotify-executives-to-launch-a-crypto-wallet\">will launch<\/a> the Zeal crypto wallet in Q1 2024.<\/p>\n<p>In November Paradigm<a href=\"https:\/\/forklog.com\/en\/news\/paradigm-backs-infrastructure-web3-startup-privy-in-an-18-million-round\"> backed<\/a> the Web3 infrastructure startup Privy in an $18 million round.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dynamic Labs, a Web3 platform for authentication and authorization, closed its Series A funding round of $13.5 million. The round was led by a16z and Founders Fund.<\/p>\n","protected":false},"author":1,"featured_media":88249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1531,1133,57,1110],"class_list":["post-88248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-a16z-crypto","tag-venture-investments","tag-wallets","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"43","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=88248"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88248\/revisions"}],"predecessor-version":[{"id":88250,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88248\/revisions\/88250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/88249"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=88248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=88248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=88248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}