- Singapore Web3 startup Startale Labs secured $3.5 million in Series A funding.
- Founded in 2023, Startale focuses on building platforms.
- Startale aims to scale infrastructure and consulting services globally to drive enterprise decentralization.
Startale Labs secures $3.5M
Singapore-based Web3 infrastructure startup Startale Labs has secured $3.5 million in Series A follow-on funding from investors including Sony Network, Samsung Next Ventures, and blockchain specialist UVM Signum.
Founded in early 2023, Startale Labs focuses on building core platforms and applications integrated with the Astar blockchain network.
Latest $63.5M injection
The latest capital injection comes at a $63.5 million valuation.
It adds to previous partnerships and backing that Startale Labs has attracted from major tech corporations like Sony, illustrating enthusiasm for the startup’s Web3 specialization.
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Future plans
Startale also operates a Japan-focused subsidiary tailoring solutions for that country’s nascent Web3 ecosystem.
Leading institutional investors and corporates are now on board. Founder Sota Watanabe aims to scale infrastructure development and consulting services to accelerate enterprise adoption of decentralized technologies globally.
