Startup Stability.AI receives investment from Lightspeed Ventures
Cryptocurrency companies Coatue and Lightspeed Ventures have invested over $7.3 million in Stability. According to company documents, Lightspeed Ventures and Coatue invested $2.4 million and $4.9 million, respectively. Lightspeed has invested in some of the largest companies in the cryptocurrency industry, including Ripple, Solana, and Yuga Labs. Coatue supports Chainalysis, CertiK, Dapper Labs, and other cryptocurrency companies. Both investment firms have provided funding to blockchain infrastructure startup Alchemy.
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