Startup Stability.AI Receive Investment from Lightspeed Ventures
Cryptocurrency firms Coatue and Lightspeed Ventures invested more than $7.30 million in Stability. Lightspeed Ventures and Coatue invested $2.40 million and $4.90 million, respectively, according to company filings.
Lightspeed has invested in some of the largest companies in the cryptocurrency industry, including Ripple, Solana, and Yuga Labs. Coatue backs Chainalysis, CertiK, Dapper Labs, and other cryptocurrency companies. Both investment firms have provided funding to blockchain infrastructure startup Alchemy.