Spatial Labs is a cutting-edge technology company that focuses on leveraging blockchain and augmented reality (AR) to develop innovative solutions across various industries, particularly in consumer goods, fashion, and entertainment. Founded by Iddris Sandu in 2019 and headquartered in Los Angeles, the company aims to reshape how brands interact with consumers through its flagship product, the LNQ One Chip. This chip allows brands to authenticate products, offer loyalty programs, and track items, bringing greater transparency and interactivity to the consumer experience.
The company has raised over $14 million in funding, with a notable $10 million seed round led by Blockchain Capital and supported by Jay-Z’s Marcy Venture Partners. The funding is being used to expand Spatial Labs’ infrastructure, enhance its blockchain capabilities, and continue driving innovations that intersect culture, technology, and commerce oai_citation:2,Spatial Labs Company Profile – Office Locations, Competitors, Revenue, Financials, Employees, Key People, Subsidiaries | Craft.co oai_citation:1,Spatial Labs Company Profile 2024: Valuation, Funding & Investors | PitchBook.
Spatial Labs Grand Opening Culver City: Is Jay Z Gonna Be There?
