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10MSeed Tag

27 Jan

Spatial Labs on Its Milestone $10M Seed

Spatial Labs on Its Milestone M Seed
The vision driving Web3 start-up Spatial Labs is vast in its implications for fashion, but additionally deeply personal for its Gen Z founder, Iddris Sandu. The 25-year-old tech entrepreneur raised $10 million in seed funding from high-profile investors for a blockchain technology business with global ambitions. “It’s definitely difficult being a founding father of color to boost an eight-figure seed round,” Sandu explained to WWD in an exclusive interview. “We see the numbers possibly inside a series A or others, but not for a seed by a start-up specializing in tech innovation — and never just being limited to [things] like, ‘Hey, you’re in the wonder space, and you recognize easy methods to make great things for people of color.’” Spatial Labs,...
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