Sony Network Communications Invests $3.5M in Singapore Web3 Company Startale Labs

CoinDesk
CoinDesk

28 Jun 2023 7:50 AM

Sony previously worked with Startale Labs to organize a web3 incubator....

  • Singapore's Startale Labs has received a $3.5 million investment from Sony Network Communications.
  • Startale Labs is a company with advanced Web3 technologies and expertise.
  • Sony and Startale Labs have been collaborating on incubation programs to promote Web3 development.
  • The goal of the program is to explore how blockchain technology can solve industry problems.
  • The investment will merge Startale Labs' knowledge and technical capabilities with Sony Network Communications' experience to facilitate global Web3 adoption.
  • Startale Labs is owned by Astar, a leading public blockchain company in Japan.
  • The announcement was made at the IVS Conference in Kyoto, Japan.

The sentiment of the article is positive, as it highlights the collaboration and investment between Startale Labs and Sony Network Communications to promote Web3 development.

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How much investment did Startale Labs receive from Sony Network Communications?What is the goal of the incubation program between Sony and Startale Labs?Who owns Startale Labs?Where was the announcement of the investment made?What is the significance of the investment for global Web3 adoption?

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