Web3 data platform Space and Time completes $20 million financing, led by a fund under Microsoft

According to Chain Catcher, as reported by Cointelegraph, the Web3 data platform Space and Time announced the completion of a $20 million strategic financing round led by Microsoft's M12 fund, with participation from Blizzard Fund (Avalanche ecosystem fund), Polygon, Framework Ventures, HashKey, Foresight Ventures, SevenX Ventures, Stratos, Hash Global, and CoinDCX.

Space and Time will use the funds from this round to build a decentralized data warehouse that supports transforming data from all centralized servers into a trustless data source for smart contract calls.

Previously, Chain Catcher reported on July 28 that Space and Time completed a $10 million seed round financing led by Framework Ventures. (Source link)