Memes Lab Secures $2.3M Seed Funding to Democratize Memecoin Launch Process

Memes Lab, a platform bridging SocialFi and memecoins, has closed a $2.3 million seed round led by Lemniscap. The funding was joined by TVM Ventures, Animoca Brands, OKX Ventures, Mirana Ventures, Gate Ventures, MEXC Ventures, Kucoin Ventures, Oak Grove Ventures, NewTribe Capital, GSR, Cypher Capital, Castrum Capital, as well as Amber Group and Presto. The funds will be used to accelerate the development of Memes Lab’s unified platform for memecoin creation, trading, and distribution, including its highly anticipated Token Generation Event (TGE).