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Jay-Z Invests In 24-Year-Old Technologist Iddris Sandu's Tech Incubator Spatial LABS

While the music industry has been diving into blockchain and cryptocurrency, Jay-Z is now tapping into a collaboration that aims to make the metaverse more accessible. Jay-Z’s Marcy Venture Partners is investing in spatial LABS (sLABS), a tech incubator that focuses on the metaverse and blockchain-based products, Billboard reports. Roc Nation vice-chairman Jay Brown and longtime venture capitalist Larry Marcus are also investing in the innovation. sLABS is founded by Ghana-born and Southern California-raised technologist Iddris Sandu. Starting at 13-years-old, Sandu has worked with big brands such as Apple, Google and Facebook. The now 24-year-old and his company’s collaboration portfolio lists Uber, Instagram, Beyoncé’s Ivy Park, Kanye West’s Yeezy, Rihanna’s Fenty line, and — as AfroTech previously reported — the late Nipsey Hussle’s The Marathon Clothing Store. The tech incubator is set to launch its debut...

Oct 13, 2021