- Samsung has invested in Startale Labs through its Samsung Next innovation arm
- Startale is the developer behind Sony’s Soneium blockchain as well as the Astar Network
- Samsung will also participate in the newly announced Soneium Spark Incubation Program
Samsung has announced its investment in Startale Labs, the developers of Sony’s Soneium blockchain, through its Samsung Next innovation arm. Startale Labs provides the infrastructure for the Astar network and the Soneium blockchain, while its founder, Sota Watanabe, is “highly regarded in Japan,” according to Samsung. As well as providing investment, Samsung will also participate in the Soneium Spark Incubation Program, which was announced last week.
Soneium Connection Seals the Deal
Sony announced its Soneium blockchain two weeks ago and its testnet and Spark Incubation Program last week, with Startale Labs being revealed as the brains behind the operation. Startale Labs focuses on building critical Web3 infrastructure, tools, and platforms that facilitate the next generation of decentralized applications (dApps).
According to a press release published yesterday, Samsung Next sees Startale Labs as a potentially big deal in the web3 space:
We invested in Startale Labs because the company is at the forefront of solving key challenges in the Web3 ecosystem by providing essential tools and infrastructure, such as the Astar Network, Soneium, and Startale Cloud Services that simplify the development and deployment of decentralized applications (dApps) and smart contracts. Their solutions effectively reduce barriers like high entry costs, lack of interoperability, and technical complexity, making Web3 technologies more accessible and scalable for developers and businesses alike.
This investment aligns with Samsung Next’s broader strategy of supporting emerging technologies that are reshaping the digital landscape. The company has previously invested in areas such as AI, blockchain, and digital infrastructure, and its backing of Startale Labs represents a clear vote of confidence in the future of decentralized systems.
Web3 Going Up in the World
The partnership between Samsung and Startale Labs also highlights the growing importance of web3 technologies, which seek to offer more transparent, user-owned networks compared to the centralized platforms that dominate the current internet.
With this investment, Samsung aims to position itself at the cutting edge of blockchain and Web3 innovation, paving the way for new decentralized technologies to gain mainstream adoption.
