Cat Labs, a Miami, Florida-based startup building forensic and cybersecurity tools to fight cryptocurrency-enabled crime, raised $4.3 million in pre-seed funding
The round was led by Castle Island Ventures, Brevan Howard Digital, CMT Digital, and RW3 Ventures. Other participating investors include Newark Venture Partners, Hash3, Borderless Capital, Cryptoverse Ventures, and Outshine Ventures.
The company intends to use the funds to expand operations and its business reach.
Founded by Lili Infante, CAT Labs is building digital asset recovery and cybersecurity tools to enable governments to fight crypto crime. Its digital asset recovery tool specializes in finding, identifying, analyzing, and seizing digital assets in criminal cases, allowing US government agencies, state, and local police departments, as well as US-allied countries, to accurately and efficiently process digital assets involved in criminal investigations. In addition to helping governments address crypto-enabled crime, the company is building proactive cybersecurity tools to prevent hacks, scams, and fraud from happening in the first place and protecting investors from digital asset theft. Its cybersecurity offering includes a range of solutions from virtual cybersecurity support for crypto firms to specialized crypto cybersecurity tools.
