Tea, a San Juan, Puerto Rico-based company building an open source software platform on the blockchain, raised $8m in seed funding.
The round was led by Binance Labs, the venture capital and innovation incubator of Binance. Additional funding participants include XBTO Humla Ventures, Lattice Capital, DARMA Capital, Coral DeFi, Woodstock, SVK Crypto, and MAKE Group.
This funding will be used to hire additional resources to continue work on the protocol, software, and the development of the community.
Led by Co-Founder and CEO Max Howell, who has created the open-source software package management system Homebrew, which has been used by tens of millions of developers worldwide, and co-founder Timothy Lewis, Tea is building the open source toolkit that enables developers to work on any platform, CI/CD on any platform, deploy on any platform.
Tea controls the graph of open source that underpins all modern digital infrastructure. Packages will be released on-chain as NFTs with their dependency metadata included. As developers use Tea, governance tokens are available according to their actual, real-life usage in order to drive the entire open source ecosystem.
FinSMEs
23/03/2022