CAT Labs is developing digital asset recovery and cybersecurity tools to enable governments to combat crypto crime.
Cat Labs Raises 4.3 million in Pre-Seed Round
On April 12, 2023, Cat Labs announced that it closed its pre-seed round and raised a total of $4.3 million in funding. The investment round of this company, which develops forensic and cybersecurity tools to combat crypto-based crimes, was well attended. The pre-seed round was led by Castle Island Ventures, Brevan Howard Digital, CMT Digital, and RW3 Ventures and included Newark Venture Partners, Hash3, Borderless Capital, and many more.
About Cat Labs
Founded by a former DOJ Special Agent, Cat Labs is dedicated to solving the most challenging and high-profile crypto cases and focused exclusively on the dark web and crypto-based crimes. In fact, the firm’s founder, Lilita (Lili) Infante, was one of the lead agents in the case that brought down Hydra Market, the world’s largest and longest-running dark web marketplace, which accounted for 80% of all dark web cryptocurrency transactions and served as one of the largest global cryptocurrency laundering platforms.
Lili Infante, Founder at CAT Labs, said: “The explosion of crypto-targeted crimes like hacks, scams, and fraud is the biggest threat to the Web3 and DeFi revolution. We at CAT Labs see the incredible potential of distributed ledger technology as the future of the digital world. Our elite team of crypto forensics and cybersecurity professionals is working tirelessly to make this industry safe and secure by building tools to enable law enforcement to address crypto-enabled crime and by protecting investors from digital asset theft.”
Cyber Security Tools
Cat Lab not only helps governments address crypto-based crimes but also develops cybersecurity tools to prevent hacking, fraud, and scams in the first place and protect investors’ assets. The firm’s cybersecurity services range from virtual cybersecurity support for crypto firms to specialized crypto cybersecurity tools.
Ria Bhutoria, General Partner at Castle Island Ventures, said: “We believe CAT Labs is building foundational compliance and security infrastructure that is necessary for the digital asset ecosystem to flourish and mature. We could think of no one better equipped to address this problem set than Lili Infante, who brings world-class domain expertise, experience, passion, and leadership. We are thrilled to back her in this endeavor.”
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