Gate Ventures announced that it has made a strategic investment in Space and Time (SxT) in its Series A funding round. The Series A funding, officially announced on Tuesday, August 27, 2024, will advance SxT's mission in building and scaling AI-driven decentralized data infrastructure.
The Series A funding will be used to advance SxT's innovative data platform, which is designed to provide verifiable and trustless data services. The SxT team consists of world-class AI and cryptography researchers who plan to accelerate product development, expand global impact, and strengthen partnerships in the blockchain space.
At the intersection of AI and blockchain, this investment is expected to have a profound impact on the Web3 ecosystem. With the support of Gate Ventures, SxT will continue to drive AI innovation by providing key data, infrastructure, and tools for developers.