NEW YORK (September 2, 2025) - Perkins Coie is pleased to have represented Kuru Labs Pte. Ltd. in its successful $11.6 million Series A financing with Paradigm as the lead investor. Additional information about the transaction is available here.
The fundraise will help Kuru scale its team and develop the necessary technology to launch and operate a decentralized exchange on the Ethereum-compatible Monad Layer 1 blockchain protocol. The Kuru decentralized exchange will combine elements of the automated market maker (AMM) functions seen in decentralized finance ecosystems with the central limit order book (CLOB) architecture more commonly used by centralized cryptocurrency exchanges.
The Perkins Coie Emerging Companies & Venture Capital (ECVC) advisory team included partners Eitan Hoenig and Michelle Edwards and associate Kaina Pengilly. The team previously represented Monad Labs in its $225 million Series A financing last year.
From incorporation to exit, Perkins Coie helps clients build great companies. Lawyers in our ECVC practice span the country, supporting the most innovative entrepreneurs and investors in all key technology-driven markets. Our ECVC lawyers have managed thousands of venture capital and private equity financings from pre-seed to growth equity, assisting clients in raising billions of dollars annually. They provide end-to-end legal and business counseling to the leading-edge companies of tomorrow in industries like artificial intelligence, clean technology, fintech and blockchain, digital media and gaming, deep tech, healthcare, biotech, consumer products, and everything in between.
