Sony Innovation Fund Invests $13 Million in Startale Group
- Sony Innovation Fund has invested an additional $13 million in Startale Group, a web3 infrastructure firm.
- Startale, led by CEO Sota Watanabe, developed Soneium, an Ethereum Layer 2 blockchain with Sony Block Solutions Labs.
- The new funding brings Startale’s total capital raised to $20 million.
- Startale previously secured $3.5 million from Sony in September 2023 and another $3.5 million from Dahua Venture Capital and Samsung Next in 2024.
- Soneium has processed over 500 million transactions and attracted 5.4 million active wallets since its mainnet launch last January.
With the latest investment from Sony Innovation Fund, Startale Group’s total funding reaches $20 million, supporting its development of the Soneium blockchain and expansion of web3 infrastructure capabilities.
Source (3.2)https://cryptobriefing.com/sony-blockchain-investment-startale/?rand=59535
