Spacemesh
Decentralized · Founded 2018 · $22.0M raised
- Headquarters
- Decentralized
- Founded
- 2018
- Business Model
- B2C
- Website
- spacemesh.io
- Total Funding
- $22.0M
- Last Round
- $4.0M Venture RoundDec 2021
- Rounds
- 3
About
Spacemesh is a decentralized, layer-one blockchain protocol built around a novel proof-of-space-time consensus mechanism, designed to bring cryptocurrency to the masses by using idle computer storage that ordinary people already own rather than energy-intensive mining hardware. Its mission is to create a permissionless, decentralized network resistant to centralization pitfalls common in earlier blockchains. The protocol's official client implementation, go-spacemesh, powers the race-free consensus computer, and network participants earn the native SMH cryptocurrency for contributing unused storage.
Summary
Spacemesh is a Crypto & Web3 company based in Decentralized, founded in 2018. It has raised $22.0M in total across 3 rounds, most recently a $4.0M Venture Round round in Dec 2021. Investors include Polychain Capital, Leland Ventures and Paradigm.
Tech & App Stack
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Funding History
Dec 2021
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Seed through Venture Round — per-round amounts, valuations, and who invested in each round.
Investors
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