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Coinbase founder's new company NewLimit completes $435 million Series C funding round at a $3.1 billion valuation

2026-06-03 02:16

Odaily reports: NewLimit, a longevity tech startup co-founded by Coinbase founder Brian Armstrong, announced the completion of a $435 million Series C funding round at a $3.1 billion valuation. This round was led by Peter Thiel's fund, Founders Fund, with continued participation from Abstract Ventures, Kleiner Perkins, NFDG, Eli Lilly Ventures, Valor Equity Partners, and others, while also introducing new investors such as Thrive Capital, Greenoaks, and Quiet Capital.

In 2021, Brian Armstrong, along with former GV partner and bioengineer Blake Byers and stem cell biologist Jacob Kimmel, jointly invested $110 million to establish NewLimit in South San Francisco.

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