SpaceComputer has secured $10 million in seed funding to develop its satellite-based blockchain validation layer. The funding round was co-led by Maven11 and Lattice, with contributions from Superscrypt, Arbitrum Foundation, Nascent, Offchain Labs, Hashkey, and Chorus One. Notable individual investors include Marc Weinstein, Jason Yanowitz, and Ameen Soleimani.
The funds will be allocated to building and launching the first satellites equipped with SpaceTEE, a secure computing hardware designed to execute blockchain and cryptographic tasks from space. The project aims to develop network software, satellite coordination systems, and provide private computing and secure logging services.
SpaceComputer Raises $10M to Launch Satellite Blockchain Network
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