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Memes Lab Raises $2.3M to Revolutionize Memecoin Creation
Generated by AI AgentCoin World
Monday, Feb 24, 2025 1:35 pm ET1min read
Memes Lab, a startup focused on memecoins, has secured $2.3 million in a seed round led by Lemniscap. The funding round also saw participation from TVM Ventures, Animoca Brands, OKX Ventures, Mirana Ventures, Kucoin Ventures, GSR, Amber Group, and other investors.
The fresh capital will be used to develop and launch the TON application's unified platform for the creation, trading, and distribution of memecoins. The project also plans to use the funds to prepare for its token generation event (TGE).
Vova Sadkov, cofounder and COO of Memes Lab, stated, "Our mission is to place the community back at the heart of the memecoin movement. We aim to simplify memecoin creation and distribution while reigniting the collective excitement and engagement that make memecoins so special."
Roderik van der Graaf, founder and managing partner of Lemniscap, expressed his enthusiasm for leading the seed round, commenting, "By empowering users to effortlessly launch memecoins and airdrop them to friends and communities, Memes Lab is bringing a fresh sense of vibrancy to the burgeoning meme economy."
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