Subspace is an open, scalable platform for both storage and compute that is fully interoperable with any layer one.
Subspace Labs is a distributed research and development company behind the Subspace Network. While based in Palo Alto, CA, we are a global, remote-first team of protocol hackers and cryptocurrency enthusiasts.The Subspace Network is a layer zero protocol that is fully interoperable with any layer one, allowing it to serve as an infrastructure layer for the entire Web3 ecosystem. Based on years of original R&D, Subspace is the first protocol to truly resolve the blockchain trilemma, providing an open, scalable platform for both storage and compute. Subspace currently supports Polkadot and Kusama, with more networks coming soon.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 1, 2022 | Series A | $32.93M | 21 | Pantera Capital | — | Detail |
Jun 2, 2021 | Seed | $4.50M | 12 | Hypersphere Ventures Stratos Technologies | — | Detail |
May 21, 2021 | Grant | $30K | 1 | Web3 Foundation | — | Detail |
May 2, 2021 | Pre-seed | $150K | 1 | — | — | Detail |
Feb 8, 2019 | Grant | $225K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Pantera Capital | Yes | Series A |
Web3 Foundation | Yes | Grant |
National Science Foundation | Yes | Grant |
Coinbase Ventures | — | Series A |
Alameda Research | — | Series A |
Alumni Ventures | — | Series A |
Automata Network | — | Series A |
Bixin Ventures | — | Series A |
Cabin VC | — | Series A |
Candaq Fintech Group | — | Series A |