Spacemesh

Blockchain Operating System

Business Software
Non Active, Apr 2025 ceased to operate
Series A Tel Aviv-Yafo, Israel Founded 2017
LinkedIn
Last updated 2026-06-18
Total raised
$18.0M
Last: 2018-09
Stage
Series A
Founded
2017
Headcount
23
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

About

Spacemesh is a blockchain operating system designed to run general-purpose smart contracts at web scale. It is powered by a novel consensus protocol that is secure, proof-of-work free, and highly incentive compatible. Spacemesh is designed to create a highly decentralized P2P blockchain computer formed by individuals from around the globe running Spacemesh on their desktop PCs at home. Spacemesh is free, open-source software that aims to become a core internet protocol for blockchain computation. Spacemesh was developed by Unruly Technologies.

Funding history · 2 rounds · $18.0M total

Q&A

What is the current status of Spacemesh?
Spacemesh is currently inactive, having ceased operations in April 2025.
When was Spacemesh founded?
Spacemesh was founded in May 2017.
What is Spacemesh's primary business?
Spacemesh operates as a blockchain operating system designed to run general-purpose smart contracts at web scale, utilizing a novel, proof-of-work-free consensus protocol.
How much total funding has Spacemesh raised?
Spacemesh has raised a total of $18,000,000 USD.
Which investors participated in Spacemesh's September 2018 funding round?
The September 2018 funding round included Polychain Capital.
Which investors participated in Spacemesh's May 2018 funding round?
The May 2018 funding round included BRM Group.
Where is Spacemesh headquartered?
Spacemesh is headquartered in Tel Aviv-Yafo, Israel.
What is the employee count for Spacemesh?
Spacemesh has an employee count in the 11-50 range.
Who are the co-founders of Spacemesh?
The co-founders of Spacemesh are Rami Kasterstein, Tomer Afek, and Aviv Eyal.

Team · 3

Founder · Co-founder & Board Member
LinkedIn ↗
Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-founder
LinkedIn ↗

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsProduct Development Tools
Technologies
Data StorageDLT & Blockchain
Target customers
Enterprise & Professional ServicesSoftware Development
Business model
B2B

Tags

miningopen-sourcecryptocurrencyblockchainp2p
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