WEAVEDB LTD is a Blockchain startup based in the United Arab Emirates, founded in 2022. The company's slogan, "NoSQL Database as a Smart Contract on Arweave," encapsulates its innovative approach to data management. In its latest funding round on 17 January 2023, WEAVEDB secured a $900.00K Pre Seed investment from a diverse group of backers including CMT Digital, Arweave, Formless Capital, IOSG, Mask Network, Hansa Capital, Scott Moore, Permanent Ventures, and Next Web Capital.
By leveraging Arweave's platform, WEAVEDB is transforming traditional database functionalities into Smart Contracts, offering a disruptive solution in the realm of data storage and retrieval. This approach not only aligns with the evolving needs of the blockchain industry but also showcases the company's forward-thinking mindset.