Overview
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 19
| Date | Title | Description |
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| Feb 28, 2014 | Mt. Gox Files for Bankruptcy, Claims $63.6 Million Debt | Mt. Gox is officially filing for bankruptcy protection with an outstanding debt of ¥6.5bn ($63.6m), finally admitting openly that 750,000 of its customers' bitcoins and 100,000 of the company's own have been lost. The exchange's lawyer anno... |
| Feb 19, 2014 | Bitcoin Foundation Opens Nominations for Empty Board of Directors Seat | The Bitcoin Foundation has announced that it is now accepting nominations for a new board member to fill the open spot left vacant since the arrest of former BitInstant CEO Charlie Shrem this January. The organization broke the news via blo... |
| Nov 5, 2013 | CoinLab's Alydian files for bankruptcy and reveals debt of over $3.6 Million | CoinLab's first incubator company Alydian has filed for bankruptcy after only launching three months ago. The company, which enables people to mine bitcoins without having to operate their own mining equipment, filed for Chapter 11 protecti... |
| Aug 15, 2013 | 7 Famous Individuals Banking on the Success of Bitcoin | The world of Bitcoin might not have mainstream celebrities backing it, but it definitely has names just as big as the entertainment industry. In fact, their levels of influence actually extend beyond that which Hollywood celebrities and mus... |
| Aug 7, 2013 | Coinlab, The Bitcoin Incubator, Announces First Funded Company, Alydian | Most incubators aren’t known for their efforts to attack niche markets – except Coinlab. The company, which describes its goal as “building Bitcoin businesses” – has chosen a very unique spot for their incubative activities and is focusing ... |
| May 27, 2013 | Long Live Bitcoin: CoinLab Surges Ahead While Suing Mt. Gox | Peter Vessenes was building his first technology company at an age when most of us were trying to figure out how to talk to members of the opposite sex. At thirteen years old, his first venture was a success, and he moved on to launch nearl... |
| May 15, 2013 | Feds Seize Funds of Largest Bitcoin Exchange | The US government has shutdown a key source of dollar funding for MtGox, the largest bitcoin exchange. Dwolla, a Paypal clone popular among bitcoin users, confirmed that the online payment network had received a seizure warrant from the Dep... |
| May 3, 2013 | Bad news for Bitcoin: CoinLab sues Mt. Gox for $75M after partnership fails | Back in late February, top Bitcoin exchange Mt. Gox struck a deal to let Seattle startup CoinLab handle its U.S. operations. But now what looked like it would be a beautiful friendship has turned into an ugly mess. CoinLab is suing Mt. Gox ... |
| May 3, 2013 | Bad news for Bitcoin: CoinLab sues Mt. Gox for $75M after partnership fails | Back in late February, top Bitcoin exchange Mt. Gox struck a deal to let Seattle startup CoinLab handle its U.S. operations. But now what looked like it would be a beautiful friendship has turned into an ugly mess. Bitcoin screenshot via Du... |
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FAQ about CoinLab
How much funding has CoinLab raised?
CoinLab has raised $500K in total across 1 funding round.
What has the press written about CoinLab?
Parsers VC has collected 19 articles mentioning CoinLab, among them “Mt. Gox Files for Bankruptcy, Claims $63.6 Million Debt” (Feb 28, 2014) and “Bitcoin Foundation Opens Nominations for Empty Board of Directors Seat” (Feb 19, 2014).
Is CoinLab still active?
Yes, CoinLab is active; its latest activity on Parsers VC dates from Nov 20, 2014.