According to TechCrunch, Spatial LABS, a Web3 wearable technology startup based on the Polygon blockchain, announced the completion of a $10 million seed round of financing. This round of financing was led by Blockchain Capital, and Marcy Venture Partners, a venture capital firm co-founded by Jay-Z, participated. . Spatial Labs plans to use the new funding to continue expanding its blockchain-enabled technology and expand into other industries such as media and entertainment, while launching a device called Node to simplify the time it takes to develop and deploy augmented reality experiences . Previously, Spatial Labs completed a $4 million financing in November 2022, with Marcy Venture participating.