Startale Group secured a $13 million follow-on investment from Sony Innovation Fund after Soneium transitioned from testnet to live infrastructure.
By Parth Dubey
Editor Hamza Tariq
Updated
2 mins read
Startale Group confirmed a $13 million follow-on investment from Sony Innovation Fund on January 29, 2026.
The funding deepens Sony Group Corp.’s exposure to Startale and its Ethereum Layer 2 network, Soneium.
The investment comes roughly a year after Soneium’s mainnet went live in January 2025.
Startale said the round represents the first close of its Series A. Valuation terms were not disclosed.
Sony’s operational and governance role remains unchanged, and the existing partnership structure will stay intact.
Startale Group is proud to announce a $13M follow-on investment from Sony Innovation Fund, reinforcing the long-term shared vision between @Sony and Startale to build infrastructure for onchain entertainment. pic.twitter.com/BNsHhUqxm7
— Startale 💿 (@StartaleGroup) January 29, 2026
Soneium transitioned from testnet to mainnet in January 2025. Since then, public block explorer data shows approximately 524 million transactions have been processed.
Over the same period, Nansen data reports about 442 million transactions on Avalanche AVAX $11.74 24h volatility: 2.5% Market cap: $5.06 B Vol. 24h: $282.57 M and roughly 383 million on Algorand ALGO $0.12 24h volatility: 0.1% Market cap: $1.07 B Vol. 24h: $49.37 M .
Transaction count alone does not measure user demand or value transfer, but it gives a clear view of network load and uptime.
Wallet growth reached 5.4 million active wallets. The network also supports more than 250 live applications.
Meanwhile, Astar Network described Startale as a core contributor within the Astar Collective.
As per the Web3 entity, separate teams will operate independently while staying active in the ecosystem through shared incentives and controlled token design.
Startale’s continued execution reflects its role as a core contributor within the Astar Collective.
This model allows independent teams to strengthen Astar through shared alignment and disciplined tokenomics.
— Astar Network (@AstarNetwork) January 29, 2026
Soneium operates through Sony Block Solutions Labs, a joint venture with Startale. The Startale App acts as the main access point, combining wallet features, asset control, and app access.
This setup places user entry, payments, and applications under one system.
Startale USD, known as USDSC, is live on Soneium mainnet. The stablecoin runs on M0’s platform and serves as a native settlement layer across apps and payments on the network.
USDSC will serve as the primary payment rail on the network, rather than as an add-on token.
Sony and Startale first revealed Soneium in August 2024 as an Ethereum Layer 2 aimed at entertainment, gaming, and consumer apps.
The Minato public testnet and Soneium Spark incubator followed within days. When mainnet launched in January 2025, Soneium introduced NFT-based fan tools tied to Sony entertainment assets.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
