Alumni Ventures Invests in Space and Time’s Secure, ZK-Verified Data Warehouse

Co-Founder and CEO Nate Holiday Recently Discussed His Company on AV’s Tech Optimist Podcast

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Alumni Ventures (AV), one of the world’s most active VC firms, is a proud investor in Space and Time. The company offers a decentralized data warehouse platform revolutionizing how data is verified and secured in AI and blockchain applications. AV invested in Space and Time’s $20 million Series A led by Framework Ventures, with participation from Lightspeed Faction, Arrington Capital, and Hivemind Capital.

Space and Time was co-founded by CEO Nate Holiday and CTO Scott Dykstra, both seasoned veterans in the database and data warehousing industry. The company is addressing the growing need for transparency, verifiability, and security in data processing. Space and Time’s decentralized platform ensures that applications, from enterprise systems to blockchain-driven processes, can operate without the risk of data tampering or manipulation.

Tech Optimist Episode #49: Meet the Startup Building Secure Data Warehouses for Our Ever-Changing World

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“Today, most applications still rely on centralized databases, leaving them vulnerable to manipulation,” said Holiday, who recently discussed his company on AV’s Tech Optimist podcast. “Our vision is to create a verifiable database using zero knowledge proofs, which can power applications across industries like AI blockchain, ensuring that data is always transparent, verifiable, and secure.”

“Our vision is to create a verifiable database that ensures data is always transparent, verifiable, and secure.”
Nate Holiday
Co-Founder & CEO, Space and Time

At the core of Space and Time’s technology is its revolutionary Proof of SQL, the first sub-second ZK co-processor that allows developers to verify SQL query results using zero-knowledge proofs. This cryptographic method ensures that data processing within the warehouse cannot be altered, bringing unprecedented trust to industries where data integrity is paramount. This innovation has already garnered interest from major technology partners such as Google and Microsoft, who have integrated Proof of SQL with their respective data platforms.

“As more businesses and applications move towards automation with AI and blockchain, ensuring that data is tamper-proof and secure is essential,” said AV Managing Partner Ray Wu, who hosted the conversation with Holiday on AV’s Tech Optimist podcast. “Space and Time is addressing one of the most pressing challenges in today’s digital economy. We’re excited to back Nate, Scott, and their team as they lead the charge in eliminating data manipulation and setting new standards for data integrity.”

About Space and Time

Space and Time is a leader in decentralized data and zero-knowledge (ZK) technology, providing a verifiable, multichain data platform for smart contracts, enterprises, and AI models. SxT’s Proof of SQL is the industry’s first sub-second ZK coprocessor, which enables smart contracts to process onchain and offchain data at scale, opening up a wealth of powerful new use cases for blockchain technology. Backed by Microsoft’s M12 Ventures, SxT is trusted by the most prominent financial institutions, enterprises, and Web3 apps.

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About Alumni Ventures

Alumni Ventures offers accredited individuals access to professional-grade venture capital, a key asset class missing from the portfolios of many sophisticated investors. Since 2014, AV has raised $1.3+ billion from 10,000+ investors and backed 1,400+ unique portfolio companies. AV is a top 20 VC firm in North America according to CB Insights and the #1 most active VC firm in the U.S., and #3 most active in the world, according to PitchBook’s 2022 and 2023 rankings. AV has won awards from Inc. Magazine, Fast Company, Benzinga, and the US FinTech Awards. AV funds are private, for-profit, and not affiliated with or sanctioned by any school.

About Tech Optimist

The Tech Optimist Podcast, presented by Alumni Ventures (AV), focuses on the intersection of technology, entrepreneurship, and innovation. True to our name, we are passionate about technology and its potential to drive positive change. We explore our lane through interviews with founders, investors, and futurists; discussions of new innovations; and reviews of trends in tech and venture capital. Subscribe Here »

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Alumni Ventures
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Email: [email protected]

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