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Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

TechCrunch

Spatial Labs , a web3 infrastructure and hardware company, announced today the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, the firm co-founded by Jay-Z. This piece was updated to reflect what year LINQ and Gen One Hardware launched.

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Ledger raises $380 million for its crypto hardware wallet

TechCrunch

Ledger’s main product is a hardware wallet to manage your crypto assets. With a hardware wallet, you remain in control of your crypto assets. Overall, Ledger has sold over 3 million hardware wallets. After the crypto boom of 2018, interests for hardware wallets faded away. The company first launched the Ledger Nano S.

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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and the rest of the team perceived that most offline, at-the-edge computing hardware was inefficient and expensive. The edge AI hardware market is projected to grow from 920 million units in 2021 to 2.08

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Dapper Labs backs art hardware startup Infinite Objects in $6 million seed raise

TechCrunch

The NFT world is all about reshaping the idea of digital ownership, but art hardware startup Infinite Objects sees a big opportunity in making physical copies of those assets as it looks to reshape digital art and collectibles. The startup makes screens that show a single video from a single artist and don’t do anything else.

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TechCrunch+ roundup: Layoffs and H1-B visas, SaaS growth levers, blockchain startup tips

TechCrunch

Hardware startup founders have a uniquely hard time. Instead of relying on sales and marketing teams to build a customer base for his hardware components startup, Ori Mor’s company started building devices that used his company’s tech. “There’s no point rushing when building a hardware startup,” says Mor.

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From No-Code To Auto Payments, Critical Infrastructure Shifts Will Drive Enterprise AI In 2025

Crunchbase News

The great GPU race: Innovation amid hardware constraints Large corporations are fiercely competing to advance GPU and AI hardware innovation. The solution emerging from leading enterprises combines blockchain-based smart contracts with traditional payment rails. But while they have capital, they face a slow and costly race.

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Here are the 5 Startup Battlefield finalists at Disrupt 2021

TechCrunch

Tatum is a blockchain infrastructure startup that wants to make it much easier to develop your own blockchain-based product. Tatum lets you interact with blockchains using API calls. Wish them luck. Koa is helping African consumers make better money moves. to democratize access to cell therapies.