TechFlow News — Subspace Labs, a scalable infrastructure layer solution for the Web3 blockchain ecosystem, has raised $32.9 million in funding led by Pantera Capital, with participation from Coinbase Ventures, Crypto.com, Alameda Research, ConsenSys Mesh, KR1, Hypersphere Ventures, Stratos Technologies, AVG Blockchain Fund, GSR Ventures, and Eniac Ventures. The funds will be used to triple the size of the protocol engineering team and deepen integrations with blockchain projects including Polkadot, Kusama, and Ethereum. (Silicon Angle)
Previously, on June 3, 2021, Subspace Labs, a developer of perpetual decentralized storage solutions within the Polkadot ecosystem, completed a $4.5 million seed round co-led by Hypersphere Ventures and Stratos Technologies. Other investors included Consensys Mesh, IOSG Ventures, Republic Labs, D1, OKEx Blockdream Ventures, Gate Labs, NGC, Candaq, Krypital, Dealean, Cabin VC, and DefinanceX. (Original link)
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