Latest DePIN Funding News

io.net Showcases Decentralized GPU Network Progress and Future Plans at IO Summit cover
a month ago

io.net Showcases Decentralized GPU Network Progress and Future Plans at IO Summit

io.net, a decentralized physical infrastructure network, hosted its keynote at the IO Summit, updating the community on recent milestones and future development plans. The event featured high-profile guests like Solana's founder and Aptos' CTO. io.net has successfully raised $30M in Series A funding
MetaCannes 2024 Showcases AI and Blockchain in Film Festival cover
2 months ago

MetaCannes 2024 Showcases AI and Blockchain in Film Festival

The MetaCannes Film3 Festival, a collaboration between Theta Network and The Squad, concluded on May 25, 2024, offering a tech-forward and inclusive cinematic experience. The event featured world premieres, live streaming, and a focus on empowering underrepresented voices in the film industry. Sian
Decentralized Energy Network Starpower Completes $2 Million Pre-Seed Funding Round with Participation from Alliance and Others cover
2 months ago

Decentralized Energy Network Starpower Completes $2 Million Pre-Seed Funding Round with Participation from Alliance and Others

Decentralized energy network Starpower has completed a $2 million pre-seed funding round, with participation from Alliance, Arweave, IoTeX, Bas1s Ventures, and angel investors including Max Jungreis, Shen Bo, and Sal Gala. Starpower uses the DePIN model to connect energy power equipment like air con
IoTeX's DePIN Surf Accelerator Announces Demo Day for Cohort 1 cover
2 months ago

IoTeX's DePIN Surf Accelerator Announces Demo Day for Cohort 1

IoTeX, a leading modular DePIN blockchain platform, is set to host a Demo Day for the first cohort of its DePIN Surf accelerator program on April 30, 2024. Launched in January 2024 with support from FutureMoneyGroup and ForesightX, the DePIN Surf accelerator is dedicated to supporting DePIN founders
IoTeX Secures $50M Investment to Expand DePIN cover
4 months ago

IoTeX Secures $50M Investment to Expand DePIN

IoTeX, a decentralized Physical Infrastructure Network (DePIN) platform, has successfully secured a $50 million investment from a consortium of leading venture capital firms. This funding round, spearheaded by SNZ Capital, Foresight Ventures, FutureMoneyGroup, and Borderless Capital, aims to acceler