- Acquired by The Open Platform, Sep 2023
About
First Stage Labs (FSL) is a Dubai-based VC firm and venture builder established in 2021. The company specializes in co-founding blockchain-based projects and offering them capital and advisory services, concentrating on Web3 projects geared towards achieving mass adoption. First Stage Labs rebranded to The Open Platform (TOP) in September 2023, merging with the Telegram Wallet team to focus on creating an open, permissionless financial layer for Telegram. TOP operates as a developer of core infrastructure, consumer applications, and a venture capital arm that fuels the next generation of decentralized applications (dApps). They actively support TON-based projects and have a close partnership with The Open Network (TON).
Portfolio
Q&A
- What is First Stage Labs' primary investment focus by sector?
- First Stage Labs has invested in the Media & Entertainment Technologies sector.
- What is the typical investment stage for First Stage Labs?
- First Stage Labs primarily invests at the Pre-Seed stage.
- When did First Stage Labs make its most recent investment?
- First Stage Labs made an investment in May 2023.
- What is the typical check size for First Stage Labs?
- First Stage Labs' investment range is $300K - $300K.
- Where is First Stage Labs headquartered?
- First Stage Labs is headquartered in the United Arab Emirates.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 2021 |
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Acquisitions & public offerings
Acquired by The Open Platform 2023-09