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tea - Extended Seed
Overview
About tea - Extended Seed
Tea, an open source unified package manager for software developers, today announced it has added another $8.9 million in seed funding to its coffer as it builds on recent momentum that has seen some 16,000 developers authenticate their software packages with Tea. Tea's latest seed round was led by Acuitas Group Holdings, with participation from Betaworks Ventures, Percival VC, Round 13 Digital Assets Fund, StrongBlock and Wax Blockchain.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | United States of America | -- | 1 | -- | ||
| Lab | United States of America | -- | 9 | -- | ||
| Fund | Puerto Rico | -- | 1 | -- | ||
| Fund | Canada | 2011 | 8 | info@round13.com | ||
| Corporate | Unknown | 2018 | 1 | -- | ||
| Corporate | Unknown | -- | 1 | -- |
Founders & Team
Timothy Lewis
Max Howell
Company Profile / Project Introduction
tea.xyz is a feature-rich, delightful unified package manager that will revolutionize open-source development by providing creators and maintainers value for previously unpaid labor. tea incentivizes the maintenance of open-source by allowing network participants to stake value against the packages they depend on and want to secure. The tea protocol's graph provides immutable package registration, dependency requirements, package authenticity, and usage oracles to inform the tea remuneration algorithm. Systematic inflation is distributed to all packages based on that algorithm.