Startale Labs Secures $3.5 Million in Extended Seed Funding from Samsung and UOB

Startale Labs, a Singapore-based Web3 firm, has secured an additional $3.5 million in funding from Samsung Next and United Overseas Bank (UOB) Venture Management. According to a recent blog post by Startale, the newly acquired funds are set to fuel the expansion of the company’s web3 product lineup, including Japan’s largest web3 products, Astar Network and the Startale Web3 Cloud, and to enhance its efforts in attracting top industry talent. This funding was part of an extended seed round, which, along with a previous $3.5 million investment from Sony Network Communications in September 2023, totaled Startale Labs’ seed financing to $7 million.

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