Latest DePIN Funding News
25 days ago
Booming Funding for Decentralized Physical Infrastructure Projects
Decentralized Physical Infrastructure Projects (DePIN) are booming in funding, with a 296% increase in seed investments, reaching a total market valuation of 20 billion dollars. IoTeX and peaq have raised significant amounts, reflecting growing investor interest. These projects aim to decentralize c
a month ago
Aethir Token Surges 35% After Listing on Top Exchanges
Aethir token (ATH) experiences a 35% surge after being listed on South Korea's top exchanges, Upbit and Bithumb. The token, known for its applications in AI and gaming, solidifies its presence in the market. With a strong market debut and trading incentives, Aethir aims for new highs amidst sector g
2 months ago
IoTeX’s Early Investment Project Daylight Completes $9 Million Series A Funding Led by a16z
August 2, 2024 - Daylight, a pioneering DePIN (Decentralized Physical Infrastructure Network) project, has secured $9 million in a Series A funding round, as reported by The Block. The investment was led by A16z Crypto, with participation from Framework Ventures, Lattice Fund, Escape Velocity, and L
2 months ago
Blockchain Climate Tech Company Secures Funding for Data Measurement and Forecasting
Raad Labs, a climate tech company, has secured a $2.25 million funding round to enhance climate data measurement and forecasting. The blockchain-enabled network, led by CoinFund and other investors, monitors weather patterns, greenhouse gas emissions, and soil degradation. Raad Labs aims to provide
2 months ago
Meltem Demirors Advocates for DePINs and Sensible Regulation in Crypto Space
Meltem Demirors, a prominent figure in the crypto industry, is advocating for the development of Decentralized Physical Infrastructure Networks (DePINs), predicting they will lead to the creation of numerous multi-billion-dollar companies within the crypto space. Demirors, who serves as the Chief St
2 months ago
DePIN 2.0: The Next Phase in Decentralized Infrastructure
DePIN 2.0 represents the next phase in Decentralized Physical Infrastructure Networks, promising a world where decentralized networks manage our infrastructure. With a global market value of over $2 billion in 2023, DePINs are gaining recognition and investment, with over $1.5 billion invested in 20
2 months ago
Mizzle Secures $1M Investment from Onextel to Accelerate Decentralized Infrastructure Development
Mizzle, a DePIN platform, has received a $1 million investment from tech investor Onextel to enhance its compute and storage platform. The funding will be used to improve platform capabilities, security features, and user experience. Mizzle's technology combines AI-based DevOps, eBPF security, and a
2 months ago
Filecoin Advances in AI Integration and DePIN Narrative
Filecoin (FIL) is expanding its reach in the AI space through strategic partnerships, aiming to become a key player in the web3 AI infrastructure. The decentralized data storage network has teamed up with Theoriq to develop smart AI Agents, which will facilitate easier access to data hosted on Filec
2 months ago
New Partnerships in Decentralized AI and Blockchain Sports Platforms
SingularityNET and Filecoin have announced a partnership to integrate decentralized AI and physical infrastructure networks, emphasizing ethical AI development and data provenance. They plan to form an AI ethics working group and use Filecoin's technology to enhance security and support AI data stor
2 months ago
SingularityNET and Filecoin Foundation Partner on AI and Decentralized Infrastructure Integration
SingularityNET, an AI platform developer, and the Filecoin Foundation have announced a partnership to integrate AI and decentralized physical infrastructure networks while maintaining decentralization, AI ethics, and data provenance. The collaboration will establish an AI ethics working group to ens