Web3 communication stack developer Sending Labs raises USD 12.5M

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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.

Read More: Web3 communication stack developer Sending Labs raises $12.5M

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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