Venture Capital
SKALE Labs Raises $9.65M to Launch the SKALE Network, Accelerate dApp Performance With New Blockchain Infrastructure Multicoin Capital, Galaxy Digital, FLOODGATE, Signia Venture Partners Back Decentralized Network That Scales to Millions of Transactions Per Second SAN FRANCISCO, October 4, 2018-- SKALE Labs, Inc., a leading innovator in blockchain scalability infrastructure, today announced that it has raised $9.65 million in funding, comprised of a $8.86 million Simple Agreement For Future Tokens (SAFT) and a $785,000 seed SAFT raised earlier this year. The most recent round was led by Multicoin Capital.

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