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Stock impact report

Cosmology Raises $5M to Simplify Web3 Application Development [Yahoo! Finance]

Astrotech Corporation (ASTC) 
US:NASDAQ Investor Relations: astrotechcorp.com/#!for-investors/c22sj
Company Research Source: Yahoo! Finance
SAN FRANCISCO March 7, 2024 /PRNewswire/ -- Cosmology , the tech suite that enables developers to build Web3 apps in the Cosmos ecosystem, has closed its $5M seed round, co-led by Galileo and Lemniscap with participation from Dispersion, Hashkey, Tuesday Capital, the Osmosis Foundation, Chorus One, Informal Systems, and angels including Kevin Lin Zaki Manian Leland Lee , and Ethan Beard As an official part of the Interchain Stack , Cosmology empowers over 2,000 developers to build applications like dYdX, Osmosis, and Celestia. This funding allows Cosmology to support the growth of the interchain, and provide tools that make app development accessible without requiring deep technical blockchain knowledge. "Having spent nearly three decades at the intersection of design and technology, I see the potential of Web3 and the need to lower the barriers to development," said Dan Lynch , Founder of Cosmology. "Our mission is to empower a broad range of developers, driving innovation and the Show less Read more
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