Decentralized communications platform Satellite IM closes $10.5 million round

08/11 13:22

According to The Block, decentralized communications platform Satellite IM announced it has closed a $10.5 million seed round. Leading the round are Framework Ventures and Multicoin, according to a release on Thursday. Other investors include Solana Ventures, IDEO CoLab, Hashed and Pioneer Square Labs Ventures. The startup is planning to provide early access to its desktop application this summer. In the fall, Satellite IM plans to release its mobile-native application called UpLink.
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