Mina Labs, Inc. announced that it will receive $15,319,595.16992 in funding on April 17, 2024. The company will issue 3,901,198 series A preferred shares at a price of $2.79904 per share, and 2,499,992 series A-1 preferred shares at a price of $1.76 per share in the transaction. The preferred shares will be convertible to common shares at their respective original issue price.

The preferred shares have a par value of $0.00001 per share. The round will be raised at a post-money valuation of $17,919,202.