Los Angeles – Space and Time (SxT) Labs, the trailblazing force behind the verifiable compute layer, has just locked in $20 million in Series A funding. This fresh infusion, led by Framework Ventures, Lightspeed Faction, Arrington Capital, and Hivemind Capital, propels SxT’s mission to revolutionize the intersection of AI and blockchain. With this round, SxT’s total funding now stands at an impressive $50 million.
This Series A is a strategic leap forward. The funds will accelerate engineering, product development, and community engagement, solidifying SxT’s position as a leader in the 'AI x blockchain' space.
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Backing from the Best
The round drew participation from industry heavyweights, including Microsoft’s M12 Ventures, DCG, F-Prime Capital, OKX Ventures, Circle Ventures, and Alumni Ventures, among others. This comes on the heels of a $20 million strategic round led by M12 in September 2022, further cementing confidence in SxT’s vision.
“We’re beyond excited to announce this Series A, backed by world-class investors who share our vision for an equitable AI future. At Space and Time, we’re empowering communities to shape their future in an AI-driven world, equipping them with the tools to build next-gen applications that bridge AI and blockchain.”
Nate Holiday, Co-Founder & CEO of SxT
Blockchain is more than just a buzzword—it’s the foundation for true community ownership. As AI continues to disrupt industries, SxT is at the forefront, enabling individuals to create, deploy, and monetize their own applications. This paves the way for a fairer economic landscape, where the power truly lies with the creators.
