- SPYCE.5, a sustainable Blockchain and Web3 service provider, has secured a €1 million investment from David Sønstebø, co-founder of IOTA.
- This funding is a key milestone for SPYCE.5 and will help facilitate the growth and development of its blockchain technology offerings.
SPYCE.5 Welcomes IOTA Co-Founder as Angel Investor
IOTA is proud to announce that his co-founder David Sønstebø has joined SPYCE.5’s leadership team as an angel investor. Providing sustainable Blockchain and Web3 infrastructure, data, and digital identity as a Service, SPYCE.5 marks a critical turning point with this investment. IOTA is privileged to receive the backing and endorsement of such a distinguished and seasoned investor.
Real-world adoption is paramount for IOTA's success. With @SPYCE_5 we are able to drive this effort uninterrupted. Very excited by the future potential of the company and to have such an A class team leading it! https://t.co/HkPr5kY6IO
— David Sønstebø (@DavidSonstebo) May 30, 2023
David Sønstebø, a Norwegian entrepreneur and IOTA co-founder, has been a supporter of blockchain technology for over a decade. As one of the original founders of the non-profit IOTA Foundation, he has played a significant role in promoting the development and application of IOTA’s technology.
Redefining the Blockchain Market for Enterprises
As blockchain technology evolves, it attracts growing attention and acceptance due to its capacity to enhance security and transparency across various industries. It also promotes efficient and decentralized systems, paving the way for innovative digital interactions.
In our progressively digital world, the union of data security and automation is crucial. Secure data realms and digital identities iota for businesses. At SPYCE.5, IOTA recognises these obstacles and strive to provide scalable, user-friendly tools and services.
Our solutions aim to enable enterprises and developers to leverage the benefits of blockchain infrastructure and applications, negating the need for specific in-house expertise or resources.
David Sønstebø has expressed enthusiasm about the investment in SPYCE.5, identifying it as crucial to fulfilling IOTA’s vision of establishing a new digital economy with real-world applications and enterprise adoption.
Empowering Blockchain Development and Adoption
SPYCE.5 co-founders, Holger Köther, Regine Haschka-Helmer, and Kimmo Nurmisto, have voiced excitement over the new collaboration and the potential for SPYCE.5’s growth. They underscored the importance of Blockchain as a Service as a driving force for mass blockchain adoption, and with Sønstebø’s engagement, they are confident in expanding the company’s capabilities, networks, and collaborations to meet the needs of developers and users.
This new investment enables SPYCE.5 to broaden its team, refine its services, and extend its market outreach. With the backing of some of the industry’s brightest minds, SPYCE.5 is poised to propel the technology forward and become a leading disruptive force in the blockchain ecosystem.