Notebook Labs, a startup that aims to verify crypto users’ identities without compromising privacy, announced on Thursday that it has raised $3.3 million in a seed funding round led by Bain Capital Crypto. The funds will be used to expand the development team, scale the technology infrastructure, and fund security audits for the platform, co-founders Solal Afota and Nathaniel Masfen-Yan told CoinDesk in an interview. Y Combinator, Soma Capital, Abstract Ventures, Pioneer Fund, and NFX were among the other investors in the Notebook Labs round. Notebook Labs, based in California, was founded earlier this year by Stanford undergraduates Afota, Masfen-Yan, and Dhruv Mangtani.
