Microsoft Leads $20M Strategic Round in Web3 Data Warehouse Space and Time
Space and Time, a Web3-native data platform that leverages business logic through a cryptographic protocol called Proof of SQL, announced it has raised $20 million in a strategic funding round led by Microsoft’s M12 fund. Earlier this year, Space and Time raised $10 million in a seed funding round. According to the team, the fresh funding will be used to accelerate engineering and product development, with over 90% of the funds to be dedicated to the product and customer adoption of Space and Time. According to Rhodes, when investing in projects, “you think about it from a portfolio perspective; you are not focused on one thing, you are focused on a portfolio whenever there’s an interest.
Source
https://t.me/DApps_Web3
