# web3mine

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/web3mine

- Industry: Financial Services
- Headquarters: Vaduz, Liechtenstein
- Website: www.web3mine.io/
- Total disclosed funding: $6M
- Latest round: Seed (Dec 16, 2023)
- Investors on record: 2

## About

Based in Vaduz, Liechtenstein, and founded in 2022 by Vukašin Vukoje, web3mine AG operates as a web3 staking system that enables users to transition to community-owned and -governed internet infrastructure. In December 2023, web3mine AG raised USD 6 million in seed funding led by various investors, with participation from 1kx, PL Ventures, and individual investors.

The firm develops and offers an open-source innovation lab for Web3 tools that coordinate capital and hardware and offers an open access compute network to support the creation and value capturing on new and established decentralized networks. The firm Staking App enables users to power the open data economy with tokens, while the Provide service encourages putting hardware into service.

The company intends to use the December 2023 funding to create the foundational functions of web3mine, the web3 staking protocol that powers computing and storage networks with open access.

## Funding rounds

- Seed, Dec 16, 2023, $6M — 1kx Ventures, PL Ventures

## Investors

- 1kx Ventures (https://capitalatlas.ai/funds/1kx-ventures) — Seed
- PL Ventures — Seed