It was during this process that SOSventures and Skynet labs were first introduced. All of these firms are best-in-class investors and have proven track records of partnering closely with builders. Thirdly, we are announcing our $175M accelerator pool (funded in SCRT) that is designed to provide non-dilutive capital, grants, and ecosystem incentives to rapidly expand user adoption.This news follows Mondays launch of the auctions for the highly-anticipated Tarantino NFTs, a collection of seven rare NFTs issued by Quentin Tarantino on Secret Network that has been covered in The New York Times, The Wall Street Journal, CNBC, and elsewhere. teams successful creation of Sia, the leading blockchain storage platform. We came to market only four months ago and were fortunate to gain traction extremely quickly. Skynet Labs is exciting prospect for us, SOSventures partner Bill Liao explained. Our H1 2022 goals for Shockwave are ambitious: onboarding hundreds of thousands of new users and launching hundreds of new applications. The mobile and cloud computing company is in the vanguard of a new generation of technology companies serving the oil and gas exploration industry. Grants have already been approved for over a dozen initiatives, including the development of the Secret NFT reference implementation, the Secret Monero Bridge, developer frameworks like Polar and Griptape, and many more.Interested developers may submit applications and get more information about the grant program via the Grants area of the Secret Foundation GitHub repository. Initiatives will target the core network metrics mentioned above, especially active usage, userbase, and TVL. That is why we are thrilled to announce that some of the leading and most reputable investment firms in Web3 have recently acquired substantial SCRT positions and are joining our mission alongside the other incredible existing supporters of the Secret ecosystem. Our mission is to ensure Web3 applications have the data privacy guarantees and customizable privacy controls they will require for global adoption. Duggan explained that the company has also secured deals with two global oil producers with drilling activity to trial the software for their drilling teams. Guy Zyskind, Founder and CEO of SCRT Labs: Developers, teams, and organizations interested in the Secret Ecosystem Fund may get in contact via this interest form. Monthly Rank Growth: Percentage change in traffic rank of site in a given country from previous month. Country: Represents the top 5 countries by total traffic to the site. Funded in SCRT and primarily managed by SCRT Labs, the Accelerator Pool will be used to support critical growth initiatives across Secret DeFi, NFTs, gaming and metaverse, and other essential application verticals on Secret Network. Skynet Labs provides oil and gas companies with leading edge information technology, software, to increase the efficiency of their drilling and workover operations. Active, Closed, Last funding round type (e.g. Share of Monthly Visits: Percent of total site visits that come from a given country. We are delighted to have an outstanding international board of advisers who come from oil and gas technology, treasury level financing, E&P drilling ops and oil IP rights.. David Vorick is the CEO of Skynet Labs, building a decentralized Internet for a free future. We are also working with drilling engineering contractor firms that contract to the likes of Trans Ocean, who own about 80pc of the worlds oil rigs, he added. In addition, the Accelerator Pool will be a source of non-dilutive early stage funding in the form of grants to teams building applications, ecosystem tooling, and network-level improvements that support our ambitious growth goals. Site's Rank in Country: Traffic rank of site, as compared to all other sites in a given country. As mentioned above, these new partners include DeFiance Capital, Alameda Research, CoinFund, and HashKey. We will facilitate connections between all ecosystem stakeholders and work collectively to grow all Secret Networks core metrics, including: developer activation, community growth, active users, active validators, daily transactions and contract interactions, TVL in Secret DeFi, active collections of Secret NFTs, and more! 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On top of the DUC product, Skynet aim to develop dynamic information capture systems for the oil rig live drilling environment. Includes both desktop and mobile web. Skynet is a revolutionary technology that will be the foundation for a free internet and builds on the. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization. All rights reserved. With more products being funded and built, more creators launching on Secret Network, and more supporters and partners than ever helping to ensure our global growth, the future has never been brighter for Web3 privacy. Grants area of the Secret Foundation GitHub repository. Skynet Labs provides oil and gas companies with scalable and integrated software tools for exploration and production. Provides oil and gas companies with, software, to increase the efficiency of their drilling operations.Skynet Labs provides oil and gas companies with leading edge information technology, software, to increase the efficiency of their drilling and workover operations.We are saving the Oil & Gas industry time and money in their calculation workflow at the upstream engineering level by using software to consolidate and solve paper based and dynamic problems. In a time when innovation and entrepreneurship is key to our future growth, we were impressed not only by their product offering but also at the pace that Tim and his team were able to bring this from concept to product development stage. Read on for more details about each announcement! Smartphones and tablets are becoming a powerful tool for the oil and gas industry, allowing engineers to literally take their offices to the field. It provides the convenience of e-mail, calendar, contacts, word processing, and spreadsheet calculation/conversion processing. Finally, we are excited to share yet another opportunity for developers and builders in the Secret ecosystem: the Accelerator Pool, currently valued at over $175M. energy, Cloud, SOSV, Enterprise Ireland, funding and investment, John Kennedy is a journalist who served as editor of Silicon Republic for 17 years, All content copyright 2002-2022 Silicon Republic Knowledge & Events Management Ltd. Reproduction without explicit permission is prohibited. The ecosystem fund is led by SCRT Labs, the core development team supporting Secret Network, and features the following partner organizations - all of whom hold a position in SCRT and/or have already invested in Secrets application layer, demonstrating their commitment to our ecosystems mission and long-term vision: Together with these partners, we will deploy capital across the Secret application ecosystem, providing substantial experience, guidance, and ongoing mentorship. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. To achieve ambitious goals, you must work with the best (and most ambitious) partners. Now it is time to create and support the next generation of bright stars in the Secret ecosystem, while amplifying our support of existing projects and builders. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Oil and gas energy is proving more and more difficult to extract in deeper and tighter formations. They also share our vision for Secrets global growth and will be working alongside us to drive adoption of privacy-first Web3 technologies, unlocking the true promise of the decentralized web. Arthur Cheong, Founding Partner at DeFiance Capital: Evan Feng, Director of Research at CoinFund: We are also thrilled to finally reveal the $225M Secret Ecosystem Fund, a new initiative designed to provide long-term support (both financial and strategic) to developers and founders building critical applications on Secret Network. Skynet Labs is one of the new breed of companies focusing on changing and revolutionising big business with the latest cloud technologies and methods, the companys CEO Tim Duggan explained. Edit Website Tech Stack by BuiltWith Section, Edit Patents and Trademarks by IPqwery Section, Scientific and electric apparatus and instruments. Sia Network Raises $3.5 Million From Bain Capital to Become Crypto Hulu, Sia Completes Hard Fork as Bricked Miners Form Rival Blockchain, Sia Network Releases Hard Fork Code to Block Crypto Mining Giants, Coal Jobs Have Gone Up Under Trump, But Not Because Of His Policies. Secret Network is a blockchain-based, open-source protocol that lets anyone perform computations on encrypted data, bringing privacy to smart contracts and public blockchains. The investment includes some 500,000 from SOSventures and further funding of 250,000 from Enterprise Ireland. Edit Lists Featuring This Company Section, Web Monetization In Crypto: The Skynet Way, Startup Behind Siacoin Storage Platform Raises $3M, Rebrands as Skynet Labs, Hardhats to Hard-Drives: How Tech Is Saving the Oil and Gas Industry (and the Earth), Cloud Computing Companies With Less Than $50M in Revenue, Cloud Computing Seed Stage Companies With Less Than $500M in Revenue, Enterprise Software Seed Stage Companies With Less Than $10M in Revenue, European Union (EU) Seed Stage Companies With Fewer Than 10 Employees. Includes both desktop and mobile web. The primary goal of the ecosystem fund is to ensure that every individual, team, and organization building on Secret has a clear path to self-sustainability and support in bringing their products to market. I am delighted that we were able to secure a deal with such a well-respected international firm like SOSventures and also the enthusiastic interest from oil majors we have met with. Total amount raised across all funding rounds, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Cloud software company Skynet Labs which focuses on the global oil and gas exploration sector has secured 750,000 in its first seed round. View contacts for Skynet Labs to access new leads and connect with decision-makers. Weve already seen tremendous adoption across our primary four application verticals - DeFi, NFTs, gaming/metaverse, and access control - with over $1.3B in historical trading volume on Secret DEXes like SecretSwap, thousands of active NFT collectors and creators on platforms like Stashh, and multiple successful funding rounds for Secret Apps like Sienna Network, Altermail, and Shade Protocol. Secret Network is the first and only mainnet layer 1 blockchain to feature privacy by default for smart contracts and applications, putting us in the ideal position for us to reach this vision. Striking this deal provides us with the right platform to ramp up our product and business development rapidly in serving two key markets, Texas and Norway. Skynet Labs builds uncompromising software infrastructure for the decentralized internet. Europe, Menlo Park, China), Where the person is located (e.g. To discuss Secret Network and Secret Apps, visit our community channels: Website | Forum | Twitter | Discord | Telegram. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, Organization Name: This is the name of the organization, Title At Company: Title of a Person's Job, Start Date: Start date of the Person's Job, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Edit Lists Featuring This Company Section, ePIC Blockchain Announces SC200 Mining Rig, Greater Boston Area Companies With Less Than $500M in Revenue (Top 10K), Greater Boston Area Seed Stage Companies With Less Than $500M in Revenue, United States Seed Stage Companies With Less Than $50M in Revenue (Top 10K), Northeastern US Companies With Fewer Than 100 Employees (Top 10K). Disclosure: SOSventures is also an investor in Silicon Republic, Related: Firstly, we are happy to announce publicly for the first time that multiple top-tier investment firms have acquired SCRT positions and recently joined the Secret ecosystem as critical stakeholders, including: DeFiance Capital, Alameda Research, CoinFund and HashKey. Application Specific Integrated Circuit (ASIC), Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. University of Alabama, Huntsville Alumni Founded Companies, Greater Boston Area Companies With Less Than $500M in Revenue (Top 10K), Greater Boston Area Seed Stage Companies With Less Than $500M in Revenue, United States Seed Stage Companies With Less Than $50M in Revenue (Top 10K), Northeastern US Companies With Fewer Than 100 Employees (Top 10K), Hardware Companies With Less Than $500M in Revenue (Top 10K), Greater Boston Area Companies With Less Than $50M in Revenue (Top 10K), New England Companies With Less Than $10M in Revenue (Top 10K), University of Redlands Alumni Founded Companies, Northeastern US Seed Stage Companies With Less Than $10M in Revenue, Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit, General contact email for the organization. If youre a developer, use the Ecosystem Fund and Grants links above to connect with the SCRT Labs team and the rest of our developer ecosystem. Skynet was one of the top 10 companies chosen to take part in the international Start-up Bootcamp 2012 accelerator programme. We want developers to build confidently in our ecosystem for years to come - not just proofs of concept or narrow pilot programs, but truly groundbreaking privacy-first Web3 applications across every vertical that can be adopted and championed by millions. Total (non-unique) visits to site for the last month; includes desktop and mobile web. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. If youre anyone who is passionate about ensuring Web3 users have the data privacy protections they need and deserve, become a Secret Agent. Skynet is an open protocol for hosting data and web applications on the decentralized web. It is our mission to make sure the decentralized web were building is one that truly empowers - and one that is accessible to all. DeFiance Capital, Alameda Research, CoinFund, HashKey, and more join the Secret ecosystem - and we reveal $400M in ecosystem funding with support from 25 organizations! Their products remove the pains of existing paper based logging and calculations systems light software made for oil and gas engineers, crafted by oil and gas engineers and based on industry standard directives from the International Well Control Forum (IWCT). Today, Secret Network is excited to share some major announcements as part of our recently revealed growth initiative, Shockwave, aimed at solidifying our network as a critical pillar and data privacy hub for Web3. With the help of a Senior Drilling supervisor and a Senior Drilling Operations manager, they have identified several applications that have not yet been made available within the cloud or on mobile devices. Skynet Labs' cloud based drilling applications will revolutionize the way exploration and development engineers use and manage their project data and calculations, through the use of cloud computing and mobile devices. This funding is intended to be used as an initial foundation for developers before they turn to the Secret Ecosystem Fund and work towards global growth. Percent change in total visits to site from previous month. Skynets cloud software enables oil and gas drilling engineers to manage their calculations workflow in well control and planning. The DUC suite offers oilfield operators, engineers, planners, and technicians the ability to make complex calculations in seconds, using more than 100 of the industrys leading drilling calculation tools. This exciting set of announcements carries forward our momentum from our reveal of Shockwave earlier this month. Secondly, we are revealing a new $225M ecosystem fund comprised of contributions from 25 existing ecosystem investors and partners targeted at expanding Secret Networks application layer (including DeFi and NFTs), network infrastructure, and tooling. It is a leader in the burgeoning blockchain and decentralized web ecosystems, and the core contributor and maintainer of the open-source Skynet project. Total number of technologies currently in use by this company, as detected by BuiltWith. They are saving the Oil & Gas industry time and money in their calculation workflow at the upstream engineering level by using software to consolidate and solve paper based and. Skynet Labs and its technology team are based in The Digital Depot on Thomas Street in Dublin. Thank you for your support - the Shockwave is just starting! . Monthly Visits Growth: Percent change in total visits to site for a given country from previous month. Active, Closed, Last funding round type (e.g. These Secret NFTs secure chapters from the original, never-before-seen handwritten Pulp Fiction screenplay as well as exclusive commentary from the award-winning director and screenwriter. In 2012 they will lead their product release DUC (Drilling Unit Calculator) which offers oilfield operators, engineers, planners, and technicians the ability to perform complex conversions in seconds, using industry standard calculation and conversion algorithms. By clicking "Sign Up", you confirm that you have read and agree to our Privacy Policy, Copyright 2022 Startupbootcamp, All Rights Reserved.
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