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Spatial Labs - Seed
Overview
Funding Date
January 26, 2023
Financing amount
$10M
Valuation
--
Catagory
Subcategory
About Spatial Labs - Seed
Spatial Labs, a web3 infrastructure firm focused on improving metaverse and commerce, raised $10 million in a seed funding round.
Blockchain Capital led the round, with existing investor Marcy Venture Partners, the venture firm co-founded by rapper Jay-Z, also participating, among others, according to a release from Spatial Labs. The round brings Spatial Labs' total funding to over $14 million, having raised a pre-seed round of $4 million last year.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2013 | 74 | contact@blockchaincapital.com | ||
| Fund | United States of America | 2019 | 6 | -- |
Founders & Team
Iddris Sandu
Company Profile / Project Introduction
Spatial Labs is a technology infrastructure company that is powering the next generation of Augmented Reality, Blockchain, Omni-channel, and Immersive Experiences - collectively known as the Metaverse. Spatial Labs develops software and hardware tools that connect brands and consumers. The firm launched its first product called LNQ (pronounced "link") in May 2022. LNQ is a chip that uses Polygon's blockchain technology to authenticate products and create "digital twins," virtual copies of physical objects.