Samsung Next, the venture capital arm of South Korean tech giant Samsung, announced a strategic investment in Startale Labs, a company known for its work in decentralized technologies.
Samsung Next's Investment
This investment aligns Samsung Next with the ongoing development of Sony's Layer 2 blockchain called Soneium through the Soneium Spark program.
Partnership with Startale Labs
Founded in 2023 by Sota Watanabe, Startale Labs quickly established itself in the Web3 space. Initially operating independently, it later formed a joint venture with Sony Network Communications.
The Soneium Project
Soneium, a product of collaboration between Startale Labs and Sony, is an Ethereum Layer-2 blockchain aimed at improving accessibility to Web3 technologies.
Samsung Next's investments in Startale Labs and their joint work with Sony highlight a significant step forward in the development of decentralized Web3 technologies.
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