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Magic Labs competitors & alternatives
The 12 closest competitors and alternatives to Magic Labs among cryptocurrency companies — ranked by similarity to what Magic Labs actually does, not by market-cap band.
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About Magic Labs
Magic Labs is a software development company focused on providing the fastest way to build onchain applications and developing the Newton Protocol. Headquartered in San Francisco, California, the firm specializes in web3 infrastructure and developer tools.
Magic Labs at a glance
Magic Labs is a cryptocurrency company headquartered in United States. Its most recent funding round, Series A, raised $27M in July 2021.
Magic Labs funding rounds
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $27M | 1 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Recent Magic Labs news
Top 12 Magic Labs competitors
Ranked by semantic similarity — how close each company is to Magic Labs by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Blockchain Technology
Solana Labs is a technology company headquartered in San Francisco, California. Founded in 2018, the company builds software products and accelerates development within the decentralized blockchain-based Solana ecosystem.
Crypto/Web3
Superlayer is a Web3 studio headquartered in San Francisco, California, focused on scaling consumer crypto applications from idea to execution.
Blockchain
Kava Labs is a blockchain services company headquartered in San Francisco, California, supporting the Kava decentralized blockchain network which combines Cosmos interoperability with Ethereum developer power.
Blockchain
Bitlight Labs is a technology developer focused on Bitcoin and stablecoin payment frameworks and applications based on the Lightning Network and RGB protocols. Headquartered in San Francisco, California, the company provides tools like the Bitlight Wallet for digital asset storage.
Blockchain
Canopy Network Labs is a software development company that builds tools, infrastructure, and platforms for launching onchain applications.
Web3
Boba Network is a blockchain services company headquartered in San Francisco, California, offering a HybridCompute Layer 2 scaling solution built on Ethereum.
Crypto/Web3
Mysten Labs is headquartered in Palo Alto, California, and was founded in 2021 with a team size of between 50 and 200 employees. The company is developing crucial infrastructure designed to power a more decentralized internet and transform how people connect and share information.
Web3 Infrastructure
Initia Labs is a software development company headquartered in Singapore. It provides an interwoven blockchain infrastructure platform that unites full-stack applications with aligned economic incentives.
Crypto/Web3
Offchain Labs is the blockchain technology company that developed Arbitrum, an Ethereum Layer 2 scaling ecosystem using optimistic rollups. It serves developers, applications, and users seeking lower-cost, higher-throughput Ethereum transactions, and supports Arbitrum’s network and tooling.
Blockchain
Lit Protocol is a decentralized technology company headquartered in San Francisco, California. It provides programmable encryption solutions that integrate blockchain infrastructure and autonomous AI agents.
Crypto/Web3
Polygon Labs provides a blockchain platform and infrastructure stack designed for global payments, stablecoin commerce, and asset tokenization. The company serves enterprises, developers, and financial institutions by offering scalable settlement layers, cross-chain interoperability, wallet infrastructure, and fiat on- and off-ramps.
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