Investors
Not only being noticed by technology, Sui also impressed the community when continuously successfully raising capital from the market's leading names right in the red market period. As of now, Sui has completed its first Series A funding round and is said to be conducting a Series B funding round.

Series A

Announcement date: 6/12/2021
Amount raised: 36 million USD
Main investor: a16z
Other Investors: NFX, Scribble Ventures, Redpoint, Lightspeed Venture Partners, Electric Capital, Samsung NEXT, Slow Ventures, Standard Crypto, Coinbase Ventures
Series BUT

Announcement date: September 8, 2022
Amount raised: 300 million USD
Main Investor: FTX Ventures with at least $140 million
Other Investors: Coinbase Ventures, Jump Crypto, Andreessen Horowitz’s a16z, Circle Ventures, Binance Labs
Valuation: More than 2 billion USD

Project team
The team behind the project also received a lot of attention. Behind the blockchain Sui is Mysten Labs. In particular, the Mysten Labs team consists of members who have worked with the Diem project as well as the Move programming language.

The project members are all experienced and highly specialized people who have worked at many large companies, including:

Evan Cheng is the Director of R&D at Novi Financial (under Facebook).
George Danezis is a professor of security and engineering.
Sui's project team is considered to be a gathering of many talents, and with previous experience working for Diem, they are expected to bring Sui to a strong development.

Continue to part 5 to learn more about the stages of the Sui ecosystem!