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Sony Innovation Fund invests $13 million in Soneium co-developer Startale Group, kicking off its Series A fundraising

The Block
Sony Innovation Fund invested $13 million in Startale Group, marking the start of its Series A funding round.

Summary

Sony Ventures, through the Sony Innovation Fund, has made a follow-on investment of $13 million into Startale Group, the co-developer of the Soneium blockchain, initiating Startale's Series A fundraising. This investment follows previous seed funding from Sony in 2023 and an extension in 2024, bringing Startale's total disclosed funding to $20 million. Startale CEO Sota Watanabe emphasized that Sony's continued support aids their vision of bringing the world on-chain. The investment coincides with the launch of the Startale App, a super-app serving as the entry point to Soneium, an Ethereum Layer 2 built on OP Stack for entertainment and general use cases. Soneium has seen significant adoption since its January 2025 mainnet launch, processing over 500 million transactions and supporting 250 dApps.

(Source:The Block)