Hemi Labs
PrivateLast Round
Growth Equity
Aug 26, 2025
Total Funding Raised
$30M
Company Overview
Hemi Labs is a technology company that develops Web3 infrastructure and tooling. Its primary product is the Hemi Network, a modular Layer-2 blockchain designed to unify Bitcoin and Ethereum. The network aims to provide superior scaling, security, and interoperability, allowing developers to build decentralized applications (dApps) that can interact with both ecosystems. Key features include the Hemi Virtual Machine (hVM), which embeds a full Bitcoin node within an Ethereum Virtual Machine (EVM), and a 'Proof-of-Proof' consensus mechanism that inherits Bitcoin's security. The company was co-founded in 2023 by early Bitcoin core developer Jeff Garzik, blockchain security specialist Max Sanchez, and crypto entrepreneur Matthew Roszak. Hemi Labs is venture-backed, having raised $15 million in a 2024 funding round led by Binance Labs, Breyer Capital, and Big Brain Holdings.
Sector
Crypto & Web3
Verticals
Blockchain Infrastructure, Layer 2 Solutions, Cross-Chain, Smart Contracts
Business Model
B2B2C
Customer Profile
Usage-Based SaaS, Freemium, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Hemi Labs Comps
Public and private peers based on sector, stage, and business model.
Hemi Labs Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Growth Equity | Aug 26, 2025 | ||||
| Seed | Sep 18, 2024 |
Hemi Labs Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Republic Digital | Growth Equity |
| Breyer Capital | Growth Equity, Seed |
| MON Ventures | Seed |
| SALT Fund | Seed |
| Impossible Finance | Seed |
| Protein Capital | Seed, Growth Equity |
| S5V | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 27, 2026
Combines Bitcoin security with Ethereum programmability for institutional yield strategies.
- Sep 24, 2025
Launched a program for Plasma (XPL) on September 24, 2025.
Hemi Labs Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Hemi Labs's valuation, stock price, and market status.
