Latest DePIN Funding News

Decentralized Infrastructure Projects Show Promise Despite Token Struggles cover
2 months ago

Decentralized Infrastructure Projects Show Promise Despite Token Struggles

Decentralized physical infrastructure networks (DePin) are gaining traction with innovative projects in telecommunications, GPUs, and IoT devices. Projects like io.net, Helium, and Akash Network have shown significant fee generation, attracting investors and analysts. Despite token price struggles,
DePin Sector Update: ATOR Rebrands, Verida Raises Funds, Synternet Launches Mainnet cover
3 months ago

DePin Sector Update: ATOR Rebrands, Verida Raises Funds, Synternet Launches Mainnet

Decentralized Physical Infrastructure Networks (DePin) are making waves in the tech industry by facilitating decentralized projects in real-world infrastructure. ATOR Protocol has rebranded to Anyone, aiming to make internet privacy a standard for all users with its new Anon network. Meanwhile, Veri
Nubila Secures $2.5 Million in Funding for ESG Data Oracle Expansion cover
3 months ago

Nubila Secures $2.5 Million in Funding for ESG Data Oracle Expansion

Nubila, a leading data oracle in the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has initiated a fundraising round. The round is led by IoTeX and VeChain, along with the Boston Consulting Group, and has attracted participation from a diverse group of investors including OrangeDA
DePIN Base Camp Selects Six Startups for Web3 Accelerator Program cover
3 months ago

DePIN Base Camp Selects Six Startups for Web3 Accelerator Program

The DePIN Base Camp, a Web3 accelerator program, has chosen six startups to participate in its 12-week program. These startups are developing applications and products that leverage digital networks, decentralized infrastructures, and data services. The program, run by Outlier Ventures in partnershi
MetaCannes 2024 Showcases AI and Blockchain in Film Festival cover
3 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
4 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
4 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
6 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