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Startale Labs - Series A
Overview
Funding Date
February 6, 2024
Financing amount
$3.5M
Valuation
$63.5M
Catagory
Subcategory
About Startale Labs - Series A
Startale Labs, a Singapore-based Web3 startup, has raised US$3.5 million in a series A follow-up round. UVM Signum Blockchain Fund, Sony Network, and Samsung Next Ventures were some of the investors in the round, which was raised at a post-money valuation of US$63.5 million.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 2 | -- | ||
| Corporate | Japan | 1946 | 4 | -- | ||
| Fund | Korea (the Republic of) | 2013 | 47 | hello@samsungnext.com |
Founders & Team
Sota Watanabe
Company Profile / Project Introduction
Startale Labs is a company specializing in web3 infrastructure development and the provision of public goods. Their expertise lies in creating core infrastructure and applications for web3 integrated onto the Astar Network. Through extensive research and development, they implement cutting-edge technologies, encompassing various aspects of web3 and token economics. Their incubation programs play a pivotal role in nurturing web3 startups, fostering accelerated innovation. Moreover, they actively foster an ecosystem that strengthens synergies within Startale Labs.
Startale is a spin-out company from Astar Foundation, which calls itself a leading public blockchain company in Japan.