Stake is a technology company.
Stake has raised $52.0M across 3 funding rounds.
Key people at Stake.
Stake has raised $52.0M in total across 3 funding rounds.
Key people at Stake.
Stake has raised $52.0M in total across 3 funding rounds.
Stake's investors include RET Ventures, Rubicon VC, Silverton Partners, Garrett Smallwood, Mike Volpe, Zak Kukoff, Clocktower Technology Ventures, Cometa, FinTech Collective, INVX, monashees, Tiger Global Management.
Stake Technologies is a Singapore-based technology company founded in 2020 that develops core decentralized protocols to enable Web3.0, focusing on infrastructure that empowers users to own their data, rights, and destiny.[1] Led by CEO Sota Watanabe, the company emphasizes passion and a global outlook while building foundational blockchain technologies for a decentralized web, countering centralized control by large tech firms.[1]
As a portfolio company in the Web3 space, Stake builds decentralized protocols serving developers, users, and projects seeking Web3 infrastructure.[1] It solves the problem of data centralization by providing tools for user sovereignty and decentralized applications, with growth tied to the expanding Web3 ecosystem amid rising demand for blockchain infrastructure.[1]
Stake Technologies was established in 2020 as STAKE TECHNOLOGIES PTE. LTD. in Singapore, with Sota Watanabe as CEO.[1] The company's inception aligns with the maturation of blockchain technology, emerging from the need to shift internet paradigms from Web2's centralized data control—dominated by a few large companies—to a user-empowered Web3 model.[1] Early focus centered on creating core decentralized protocols, positioning Stake at the forefront of this movement without specified pivotal traction moments in available records, though its global and passionate ethos suggests rapid alignment with Web3's international developer community.[1]
Stake Technologies rides the Web3.0 trend, addressing decades of centralized internet dominance where user data is controlled by giants, amid market forces like growing privacy concerns, blockchain scalability advances, and demand for decentralized alternatives.[1] Its timing is ideal post-2020 crypto boom, as protocols become critical for dApps, DeFi, and user-owned ecosystems, influencing the tech landscape by providing the backbone for data sovereignty and reducing reliance on Web2 incumbents.[1] By focusing on core infrastructure, Stake contributes to a shift toward empowered users, potentially accelerating Web3 mainstreaming in a landscape favoring decentralized finance and identity solutions.[1]
Stake Technologies is poised to expand its protocol suite as Web3 matures, potentially integrating with layer-2 scaling, AI-driven decentralization, and cross-chain interoperability amid rising institutional blockchain adoption.[1] Trends like regulatory clarity for data privacy and explosive growth in decentralized identity will shape its trajectory, evolving its influence from niche infrastructure provider to key Web3 enabler.[1] With its user-empowerment foundation, Stake could redefine internet ownership, tying back to its mission of delivering the infrastructure for a truly decentralized future.[1]
Stake has raised $52.0M across 3 funding rounds. Most recently, it raised $12.0M Series A in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $12.0M Series A | RET Ventures, Rubicon VC, Silverton Partners, Garrett Smallwood, Mike Volpe, Zak Kukoff | |
| Apr 1, 2022 | $36.0M Series A | Clocktower Technology Ventures, Cometa, FinTech Collective, INVX, monashees, Tiger Global Management, Wayra Hispam, Michael Ma, Pedro Arnt | |
| Sep 1, 2021 | $4.0M Seed | AngelList, Ballistic Ventures, Insight Partners, Lightspeed India Partners, Rajan Anandan, Silicon Valley Connect |