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Pantera Capital leads a $20 million funding round into Subzero Labs, which is emerging from stealth to develop a blockchain for decentralized applications.

Aug 01, 2025•5 days ago

Amount Raised

$20 Million

CryptocurrencyBlockchainSoftware

Investors

VarientSusquehanna CryptoMysten LabsFabric VenturesCoinbase VenturesPantera Capital

Description

Pantera Capital is leading a $20 million funding round into Subzero Labs, a startup emerging from stealth that’s building a blockchain for decentralized applications. The project, called Rialo, aims to offer the responsiveness of Web2 with a focus on various application types. Notable contributors include Coinbase Ventures and Mysten Labs. Subzero has already attracted talent from major tech firms and aims to leverage innovative technologies.

Company Information

Company

Subzero Labs

About

Subzero Labs is a startup focused on building a blockchain designed for internet-scale decentralized applications. Their innovative platform, Rialo, aims to provide developers with the tools to create applications that exceed the performance of centralized solutions. With a team experienced in both blockchain and traditional tech systems, Subzero Labs is poised to reshape the landscape of decentralized programmable networks.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech