SpaceComputer raised $10 million in funding, led by Maven11 and Lattice

According to The Defiant, the satellite technology-based blockchain verification layer SpaceComputer has completed a $10 million seed round of financing. This round was co-led by Maven11 and Lattice, with participation from Superscrypt, the Arbitrum Foundation, Nascent, Offchain Labs, Hashkey, and Chorus One. Individual investors include Marc Weinstein, Jason Yanowitz, and Ameen Soleimani.

The funds will be used to build and launch the first batch of satellites and their onboard secure computing hardware. These satellite units, named SpaceTEE, will operate secure blockchain and cryptographic tasks from space, and develop network software, satellite coordination systems, as well as provide private computing and secure record services.