Subspace Labs

Subspace Labs

Decentralized AI stack and dApp solutions

About Subspace Labs

Simplify's Rating
Why Subspace Labs is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Crypto & Web3

AI & Machine Learning

Company Size

11-50

Company Stage

Seed

Total Funding

$36.7M

Headquarters

Palo Alto, California

Founded

2018

Overview

Subspace Network provides a platform for developing and deploying AI-powered decentralized applications (dApps) within a secure environment. Their offerings include a combination of distributed storage and computing resources, which allow developers to build applications that can operate autonomously. A key feature of Subspace Network is its decentralized identity protocol, Auto ID, which ensures that both human users and AI agents have secure and verifiable identities. This focus on security and autonomy sets Subspace Network apart from competitors, as it aims to create a space where individuals and AI can interact safely. The company's goal is to enable developers and enterprises to utilize AI in a decentralized manner, generating revenue through the use of its services and protocols.

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Simplify's Take

What believers are saying

  • Integration with AI-driven DeFi platforms enhances Subspace's financial tools and services.
  • Rising demand for decentralized cloud storage aligns with Subspace's distributed storage capabilities.
  • Growing interest in AI-powered dApps boosts market for Subspace's AI stack.

What critics are saying

  • Emerging blockchain projects focusing on scalability may impact Subspace's market position.
  • Gemini III Non-Incentivized Testnet may not attract sufficient developer interest.
  • Polkadot's updates may not address metrics, affecting Subspace's interoperability plans.

What makes Subspace Labs unique

  • Subspace Network resolves the blockchain trilemma with scalable storage and compute solutions.
  • It offers a comprehensive AI stack for decentralized applications and secure interactions.
  • Subspace's Auto ID protocol provides secure identities for humans and AI agents.

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Funding

Total Funding

$36.7M

Above

Industry Average

Funded Over

4 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

A competitive salary with generous equity and token grants.

Medical, dental, and vision insurance (US-based only).

A unique opportunity to shape the future of the Subspace Network and grow into a long-term leadership role at Subspace Labs.

Team offsites in various locations around the world.

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

26%
Subspace Network
Sep 6th, 2023
Wen Subspace | Network Update

On September 6th 2023, the Subspace Network successfully launched Gemini III, its third and final incentivized test network, in the lead up to its Mainnet βeta launch!

AMBCrypto
Jul 11th, 2023
Polkadot: will these updates shield DOT and its dwindling metrics?

Subspace Network also launched the Gemini III Non-Incentivized Testnet.

TechCrunch
Mar 1st, 2022
Subspace Labs raises funding for a more scalable, sustainable blockchain

As the crypto space has grown in popularity, some of the most popular blockchains have struggled to meet user demand.  New projects are aiming to tackle issues like notoriously high energy use, hefty gas fees and low transaction throughput that are plaguing some of the major blockchain networks. Ethereum, for one, has announced plans to […]

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