tea, a Puerto Rico-based company building an open source software platform on the blockchain, raised $8.9M in Seed funding.
The round was led by Acuitas Group Holdings, with participation from Betaworks Ventures, Percival VC, Round 13 Digital Assets Fund, StrongBlock, and Wax Blockchain. Terren Peizer, the Founder and Chairman of Acuitas Group Holdings, will be joining the tea Board of Directors effective immediately.
The company intends to use the funds to expand its development efforts and hire technical talent to continue building its technology infrastructure.
Led by Max Howell and Timothy Lewis, the creator of Homebrew, tea is building a blockchain open-source toolkit for developers to work on, CI/CD, and deploy on any platform. Its unified package manager currently supports Linux and OS X and WSLv2 for Windows with additional support for more operating systems in the near future.
The company launched in Q1 2022 with $8M in funding led by Binance Labs. Since its inception, tea has released a whitepaper detailing its protocol for remunerating open-source developers, had over 16,000 developers authenticate, and developed a new unified package manager for open source development.
FinSMEs
08/12/2022