Spatial Labs has raised $10M in its seed funding round led by Blockchain Capital and Jay-Z's venture capital firm Marcy Venture Partners.

 

Spatial Labs has raised $10M in its seed funding round led by Blockchain Capital and Jay-Z's venture capital firm Marcy Venture Partners. 

 The startup has raised over $14M.


  • Spatial Labs is innovating in the fashion world and has developed a 13-millimeter microchip called the LNQ One Chip, a blockchain-enabled product. 
    • The chip can be sewn or integrated into physical items, which allows brands to market and create loyalty programs. 
    • Products with the LNQ One Chip can assist with authentication, item history, and unlocking exclusive access. 
  • Users can scan the item with their smartphones, creating a digital copy of the item in the metaverse. Each physical chip has a corresponding NFT on Polygon. 

Post a Comment

Previous Next

Contact Form