# KuCoin Labs

> KuCoin Labs is a VC fund in Mahé backing Blockchain, Gaming and Video Games. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Mahé, Seychelles
- Total investments: 9
- Last investment: Dec 2023
- Lead investor: 44%
- Last updated: Aug 2026
- Website: https://www.kucoin.com/land/kucoinlabs

KuCoin Labs is a VC fund in Mahé focused on Blockchain and Gaming. KuCoin Labs is the investment and research force of the KuCoin ecosystem.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $3M–$3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 5 | 56% |
| Gaming | 3 | 33% |
| Video Games | 3 | 33% |
| Cryptocurrency | 3 | 33% |
| Bitcoin | 2 | 22% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 67% |
| Venture - Series Unknown | 2 | 22% |
| Series A | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Spain | 1 | 11% |
| Germany | 1 | 11% |
| South Korea | 1 | 11% |
| United States | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Dovi | Dovi is a community-driven bitcoin layer 2 and EVM-compatible smart contract platform that to improve scalability, lower transaction costs, and build a more secure and decentralized financial ecosystem. |  | Venture - Series Unknown | Dec 11, 2023 |  |
| Dmail | Dmail Network is a decentralized mailbox that provides a safe and private environment for users' communication, storage, tokens, and NFTs. The company was founded by Mittal S. and Lucas L. in 2021. |  | Seed | Jul 24, 2023 |  |
| Lifeform | Lifeform provides decentralized identity systems for Web3 avatars. | $5M | Series A | Feb 25, 2023 |  |
| Port3 | Port3 is a Web3 social data portal developer. | $3M | Seed | Feb 03, 2023 |  |
| MetaBeat | The MetaBeat platform is an incentivization community platform powered by fan activities rewarded by a set criteria, the FANomance Index. Creators/artists and fans grow as partners through engagements and rewards on the MetaBeat platform. |  | Seed | Aug 17, 2022 |  |
| Gunzilla Games | Gunzilla Games is an independent, innovative, and player-focused developer of AAA games. | $46M | Venture - Series Unknown | Aug 09, 2022 |  |
| PLAYZAP GAMES | PlayZap is a community-driven gaming platform where players can compete in skill-based tournaments on proven and highly engaging casual games to win crypto rewards.Our mission is to simplify gaming for everyone and reward skilled and loyal players by introducing the value of blockchain and Non-fungible tokens.Our team includes expert gamedevelopment and blockchain technology team is highly motivated to bring Esports styled experience to casual players community with fair play and a secure environment for them to compete and win tokens. PlayZap is a combination of 2 multibillion dollar markets with Casual Games free to play and Play to earn; all merged by blockchain & NFT technologies, another multibillion dollar market that just started to take off. |  | Seed | Aug 04, 2022 |  |
| Magic Square | Magic Square (founded 2021) is a unified, integrated, interoperable space for users to discover and experience community-vetted crypto apps, and for crypto app developers to market and monetize their best applications.The Magic Store is the fundamental element of the Magic Square project. Within the Magic Store, there are multiple workingelements that dictate the communication between many moving parts.OverviewMagic Square is a multifaceted system that covers all the UX bases: The Magic Store guides users to discover the highest quality crypto apps with built-in integrated DeFi. Users sign in to all of their apps with one SSI secured Magic Connect leading to their personalized Magic Spaces: where crypto-app experiences begin and end. Users and Creators discuss and collaborate in a dedicated Magic Community space.The Magic Square interface includes three main components: The Magic Store, Magic Spaces, and Magic Connect. Each of these serves a di!erent function for the three groups who use the platform: crypto application users (Users), crypto application developers (Creators), and new community validators (Validators).Each of these groups plays a unique role in the Magic Store interface, with a unique set of actions and responsibilities. Users must enter the system and obtain a secure persona with their secure Magic Connect login credentials. Creators must successfully deploy apps to be validated by the Validators, who vote on the new apps entering the ecosystem. | $3M | Seed | Jul 01, 2022 |  |
| Superpower Squad | Superpower Squad is a superhero-themed, third-person shooter game. |  | Seed | Jun 09, 2022 |  |

9 of 9 investments shown.

## Co-investors
- [KuCoin](https://shizune.co/investors/profile/kucoin) — VC Fund, 9 deals together
- [GSR](https://shizune.co/investors/profile/gsr) — VC Fund, 2 deals together
- [RW3 Ventures](https://shizune.co/investors/profile/rw3-ventures) — VC Fund, 2 deals together
- [280 Capital](https://shizune.co/investors/profile/280-capital) — VC Fund, 1 deal together
- [AC Capital](https://shizune.co/investors/profile/ac-capital) — VC Fund, 1 deal together
- [AGBuild](https://shizune.co/investors/profile/agbuild) — VC Fund, 1 deal together

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## FAQ

### What does KuCoin Labs invest in?

KuCoin Labs invests primarily in Blockchain, Gaming and Video Games startups, most often at Seed and Venture - Series Unknown stage. Most of the 9 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is KuCoin Labs's check size?

KuCoin Labs typically joins rounds of $3M–$3M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds KuCoin Labs participates in.

### When did KuCoin Labs last invest?

The most recent investment recorded for KuCoin Labs closed in Dec 2023. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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