Startale Labs, a company at the forefront of Web3 innovation, announced this week that it has successfully secured an additional $3.5 million in funding, thanks to the financial backing from UOB Venture Management.
This fresh capital injection brings the total investment in the startup to $7 million, underscoring the growing confidence investors have in the potential of Web3 technologies.
The newly acquired funds are set to further fuel Startale Labs' efforts in advancing their Web3 offerings, aiming to solidify their position as industry leaders in this cutting-edge domain.
With this significant financial boost, Startale Labs is well-positioned to drive forward their initiatives and leave a substantial impact on the Web3 landscape.