Web3 communication stack developer Sending Labs raises USD 12.5M

Web3 communication stack developer Sending Labs raises USD 12.5M

Sending Labs, a company that develops decentralized communication products and protocols for Web3 app developers to add messaging, has announced it has raised USD 12.5 million in seed funding.

According to Sending Labs, it developed its products in the knowledge that decentralized messaging would be a fundamental requirement for Web3 applications. In addition to K3 Ventures, Lingfeng Innovation Fund, UpHonest Capital, and Aipollo Investment, Sigum Capital led the funding round.

In addition to receiving funding, the business also unveiled two flagship products in beta testing, including SendingMe, a fully functional Web3 encrypted decentralized group chat, and SendingNetwork, a software development kit that enables social integrations for decentralized apps.

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