Microsoft, Avalanche, Polygon join $20M funding of Web3 automation startup

Web3 and tech companies participated in a funding round for a data platform called Space and Time that aims to transform central databases into trustless data sources powered by smart contracts.

In an announcement sent to Cointelegraph, Space and Time mentioned that they’ve raised $20 million in strategic funding from investors like Microsoft (NASDAQ:)’s M12 fund, the venture capital arm of Microsoft, and Polygon. In addition to these, investors also included Framework Ventures, HashKey, Foresight Ventures, SevenX Ventures, Stratos, Hash CIB, Coin DCX and other Web3 communities and angel investors.

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