D3 Labs Gears Up for an Expansion in MVP

Summary

Web3 startup D3 Labs has received pre-seed funding from several investors, including Saison Capital, Kinesys Capital, Arkana Capital, EX Capital, Qredo, DS/X Ventures, and the UVM Signum Blockchain Fund from UOB Venture Management and Signum Capital. According to D3 Labs CEO Chung Ying Lai, these funds were used to develop a Minimum Viable Product (MVP), which is set to launch in May 2023.

According to Chung Ying Lai, D3 Labs will raise additional funds in the same round. As quoted by Daily Social on Apr 25, 2023, he stated that "With investors' support, D3 Labs is poised to transform the financial industry in Southeast Asia through innovative and efficient programmable money infrastructure solutions."

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