​​Web 3 infrastructure company Mysten Labs has closed a $36M series A round. The round was led by a16z with participation from Redpoint, Lightspeed, Coinbase Ventures, Electric Capital, Standard Crypto, NFX, Slow Ventures, Scribble Ventures, Samsung NEXT, Lux Capital, Bienville, Hack VC, Finality Capital. Mysten Labs aims to build a new scalable layer 1 blockchain.