2021/06/04

Subspace Labs closes $4.5 million seed to bring decentralized storage to the Polkadot Network

We are excited to announce that Subspace Labs recently closed a $4.5 million seed fundraising round to bring incentive compatible Proof-of-Capacity (PoC) consensus and scalable, permanent decentralized storage to the Polkadot Network. The round was co-lead by Hypersphere Ventures and Stratos Technologies with participation from Consensys Mesh, IOSG, Republic Labs, D1, OKEx Blockdream, Gate Labs, NGC, Candaq, Krypital, Dealean, Cabin VC, and DefinanceX.

Subspace Labs Raises $32.9 Million to Bring Internet Scale to Web3

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