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The platform is a part of the Startup with Chainlink program and will be working closely with the oracle network to extend the capabilities of smart contracts so blockchain developers can build multi-chain decentralized applications (dApps) alongside analytical insights in a low-cost, decentralized way. Space and Time, a decentralized data platform, has raised $20 million in strategic funding to help businesses grow through smart contract technology. The capital raise was led by Microsoft venture fund M12 and included investors like Framework Ventures, HashKey, SevenX Ventures, Foresight Ventures, Polygon and Avalanche’s ecosystem fund Blizzard, among others. In the near term, Space and Time wants to help web3 dApp developers simplify their data ecosystems and architectures, Holiday said.