# Yuga Labs

**Source:** https://www.startuphub.ai/startups/yuga-labs
**Profile type:** Startup

> Creator of the Bored Ape Yacht Club and other leading NFT collections.

## About

Yuga Labs is a web3 company best known for creating the Bored Ape Yacht Club (BAYC) NFT collection. They have since expanded to acquire other prominent NFT projects like CryptoPunks and Meebits, aiming to build a decentralized metaverse and digital identity platform.

## Key facts

- **Slug:** yuga-labs
- **Website:** https://www.yugalabs.io/
- **Location:** Miami, United States
- **Founded:** 2021-01-01
- **Operating status:** Active
- **Total funding:** $454M
- **Sectors / tags:** Web3, NFT, Digital Identity, Metaverse, Creator Economy, Blockchain, Generative AI

## Frequently asked

### What does Yuga Labs do?

Yuga Labs is a web3 company best known for creating the Bored Ape Yacht Club (BAYC) NFT collection. They have since expanded to acquire other prominent NFT projects like CryptoPunks and Meebits, aiming to build a decentralized metaverse and digital identity platform.

### What is Yuga Labs's valuation?

StartupHub estimates Yuga Labs's effective valuation at $2K (range $2K to $3K, 25% confidence), based on comparable companies in the sector.

### How much funding has Yuga Labs raised?

Yuga Labs has raised a total of $454M in funding. The most recent round on record is Seed.

### Where is Yuga Labs headquartered?

Yuga Labs is headquartered in Miami, United States.

### When was Yuga Labs founded?

Yuga Labs was founded in 2021.

### What industry does Yuga Labs operate in?

Yuga Labs operates in Web3, NFT, Digital Identity, Metaverse, Creator Economy, Blockchain.

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