Spatial Labs Secures $10M in S

By Black Enterprise Editors

complex challenges,” said Bart Stephens, Founder & Managing Partner of Blockchain Capital.

“By empowering new business models, delivering immersive experiences, and providing insights into consumer needs, Spatial Labs will continue to shape and power the future of commerce and connectivity in Web3.”

“Spatial Labs is designing next-gen technologies to connect brands to younger demographics that shop and interact with products in completely new ways. Through our technology solutions, we provide brands with rich consumer data and previously inaccessible revenue models,” said Iddris Sandu, Founder of Spatial Labs.

“The consumer goods industry is at a pivotal inflection point. Partnering with ambitious, innovative investors that align with our core ethos will enable Spatial Labs to continue to deliver the tangible innovations that brands and consumers are asking for.”

The new capital will support efforts to scale and diversify Spatial Labs’ proprietary blockchainenabled tech stack, deepen the company’s footprint across the consumer goods landscape, and expand into other industries, including media and entertainment. It will also be allocated towards a range of technical, business, and strategic team development efforts targeting C-Suite executives. These initiatives are intended to accelerate Spatial Lab’s consumer-centric product innovation and continued rapid growth.

“Spatial Labs has already demonstrated incredible innovation in technology and culture. Iddris and team have the acumen to seamlessly connect products in the physical and digital world, making products that drive user joy,” said Larry Marcus Co-Founder and Managing Director of Marcy Venture Partners.

This marks the second investment from Marcy Ventures Partners, following a pre-seed raise of $4