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Thursday, February 22, 2024

Finnish entrepreneur’s Web3 startup secures €1M from a Norwegian entrepreneur

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Finnish entrepreneur Kimmo Nurmisto‘s startup SPYCE.5 has collected €1 million and welcomes David Sønstebø as an angel investor. SPYCE.5 offers sustainable Blockchain and Web3 infrastructure, data, and digital identity as a Service. The investment from David Sønstebø not only provides SPYCE.5 with the necessary financial resources to expand its team but also validates the company’s mission to make decentralized, sustainable technologies accessible and easy to use for everyone. With refined services and offerings and an extended market reach, SPYCE.5 is well-positioned for exponential growth and success. This investment not only marks a major milestone for SPYCE.5 but also highlights the growing recognition of the company’s potential in the blockchain market.

SPYCE.5 has been at the forefront of delivering scalable and user-friendly tools and services that empower enterprises to leverage the advantages of blockchain infrastructure and applications without requiring extensive in-house resources or expertise. With this latest investment, the company is poised to expand its capabilities, networks, and corporate collaborations.

David Sønstebø says “SPYCE.5 is an exciting endeavor and key for fulfilling the vision for IOTA — building a new digital economy with real-world use cases and enterprise adoption. I’m excited to be onboard and give my full support for the company and growth of the ecosystem.”


Holger Köther, Co-Founder of SPYCE.5 states “SPYCE.5 is on its way to becoming a formidable entity in the blockchain domain, delivering blockchain utility for enterprises. David’s engagement will fuel our platform with the funding to further develop and expand our capabilities, networks and corporate collaboration, so that we continue to grow and evolve to meet the needs of developers and users alike.”


Regine Haschka-Helmer, Co-Founder of SPYCE.5 mentions ”Blockchain as a Service is one of the primary catalysts for Blockchain mass adoption. We’re delighted to contribute significantly to this burgeoning market by providing sustainable blockchain technologies.”


Kimmo Nurmisto, Co-Founder of SPYCE.5 says“It’s exciting to see the ecosystem come together to push the technology forward to become the next generation disruptive blockchain. SPYCE.5 has an inspiring future ahead with some of the brightest minds of the industry backing it up.”

SPYCE.5 is a Berlin-based company that firmly believes in the positive impact of decentralized, sustainable technologies on the economy and society. The company’s mission is to make the benefits of these new technologies accessible to all through its enterprise-ready, modular Web3 plug & play platform, built on a secure, scalable, and sustainable blockchain infrastructure.

Click to read more funding news.

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Nurcin Metingil
Nurcin Metingil
A permanent student, a passionate first reader and nowadays doing master’s degree in Publishing Management. Beside these, I am up for games! I have been playing games since I was 6. Now, I am whispering "Business. Business. Numbers. Is this working?"

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