SpaceComputer has completed a $10 million seed funding round, with Maven11 and Lattice co-leading the investment.

BlockBeats News, November 27th. According to The Defiant, space computing startup SpaceComputer has completed a $10 million seed round, co-led by Maven11 and Lattice, with participation from Superscrypt, Arbitrum Foundation, Nascent, Offchain Labs, Hashkey, and Chorus One. Individual investors include Marc Weinstein, Jason Yanowitz, and Ameen Soleimani. The company plans to build a satellite network to provide secure computing services for blockchain from space.

This round of funding will be used to launch the first satellites carrying secure computing hardware, known as "SpaceTEE," build network software, and launch services such as privacy computing and secure record-keeping. The company aims to operate a secure computing network in orbit capable of executing encrypted tasks for blockchain.