Subspace Labs: Funding, Investors & Team (Aug 2026)
Subspace Labs is a distributed research and development company behind the Subspace Network. While based in Palo Alto, CA, we are a global, remote-first team of protocol hackers and cryptocurrency enthusiasts. The Subspace Network is a layer zero protocol that is fully interoperable with any layer one, allowing it to serve as an infrastructure layer for the entire Web3 ecosystem. Based on years of original R&D, Subspace is the first protocol to truly resolve the blockchain trilemma, providing an open, scalable platform for both storage and compute. Subspace currently supports Polkadot and Kusama, with more networks coming soon.
Subspace Labs has raised $37.4M across 2 funding rounds on record, the most recent an Undisclosed of $32.9M announced in Mar 2022.
That round is above the $5.6M median round size for Internet Services companies tracked on FundedIQ over the last two years.
Subspace Labs Company Profile and Key Stats
Latest funding round on record: Mar 2022.
Subspace Labs Funding Rounds
Subspace Labs raised $4.5M in an undisclosed round announced in Jun 2021.
9 months later, an Undisclosed of $32.9M was announced in Mar 2022.
Subspace Labs Founders and Leadership Team
Contact details for the Subspace Labs team: 1 of 2 have an email address on file.
Start 14-day free trial →Subspace Labs Funding Compared to Other Internet Services Startups
Subspace Labs' latest round of $32.9M is above the median round in Internet Services. Medians cover the last 24 months of disclosed rounds.
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Subspace Labs Funding FAQs
What does Subspace Labs do?
Subspace Labs is a distributed research and development company behind the Subspace Network. While based in Palo Alto, CA, we are a global, remote-first team of protocol hackers and cryptocurrency enthusiasts. The Subspace Network is a layer zero protocol that is fully interoperable with any layer one, allowing it to serve as an infrastructure layer for the entire Web3 ecosystem. Based on years of original R&D, Subspace is the first protocol to truly resolve the blockchain trilemma, providing an open, scalable platform for both storage and compute. Subspace currently supports Polkadot and Kusama, with more networks coming soon.
How much funding has Subspace Labs raised?
Subspace Labs has raised $37.4M across 2 rounds on record. The most recent is an Undisclosed of $32.9M announced in Mar 2022.
When did Subspace Labs last raise funding?
Subspace Labs' most recent funding round on record is an Undisclosed of $32.9M, announced in Mar 2022.
Who is the CEO of Subspace Labs?
Jeremiah Wagstaff is listed as CEO at Subspace Labs.
Where is Subspace Labs headquartered?
Subspace Labs is based in Palo Alto, California, United States.
How many employees does Subspace Labs have?
Subspace Labs is in the 11-50 employee band.
How does Subspace Labs' funding compare to other Internet Services startups?
Subspace Labs' latest round of $32.9M is above the $5.6M median round size for Internet Services companies on FundedIQ across 647 tracked companies over the last two years.
About FundedIQ's Subspace Labs Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Subspace Labs is left off this page rather than filled in.
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