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SpaceComputer has completed a $10 million seed round of financing, co-led by Maven11 and Lattice.
On November 27, The Defiant reported that the space computing startup SpaceComputer has completed a $10 million seed round financing, led by Maven11 and Lattice, with participation from Superscrypt, the Arbitrum Foundation, Nascent, Offchain Labs, CEX, and Chorus One. Individual investors include Marc Weinstein, Jason Yanowitz, and Ameen Soleimani. The company plans to build a satellite network to provide secure computing services for blockchain from space. The funds from this round of financing will be used to launch the first batch of “SpaceTEE” satellites carrying secure computing hardware, to build network software, and to launch services such as privacy computing and secure records. The official goal is to operate a secure computing network capable of executing encryption and blockchain tasks in orbit.