Satellite IM is a fully decentralized peer-to-peer communications platform that supports voice, video, and text and is built on IPFS and dag-jose as an EVM-compatible evolving protocol. The open-source platform enables users to sign, encrypt, broadcast, search, and store messages and documents via decentralized identifiers (DIDs) while making wallets and on-chain data optional. Its core desktop application supports 4K video chat and streaming, lossless audio, and 4GB file sharing at no cost, and the team exposes a developer-friendly modular framework to integrate multiple layer-one blockchains. Satellite IM positions itself as a crypto-native, developer-friendly alternative to centralized community platforms and emphasizes peer-to-peer infrastructure and community-driven development. The company closed a $10.5 million seed round led by Multicoin Venture Fund and Framework Ventures. Satellite IM plans an early access desktop launch in Summer 2022 and a mobile-native application called Uplink in Fall 2022.

Total raised

$11M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2022