DePIN project Natix raises funds ahead of token launch and airdrop on Solana | Headlines | News | CoinMarketCap

04/25/2024 23:13
DePIN project Natix raises funds ahead of token launch and airdrop on Solana | Headlines | News | CoinMarketCap

Natix Network, a decentralized physical infrastructure network (DePIN) focused on mapping data, has raised $4.6 million in a strategic funding round. …

Natix Network, a decentralized physical infrastructure network (DePIN) focused on mapping data, has raised $4.6 million in a strategic funding round.

Borderless Capital led the round, with Tioga Capital co-leading and several other investors participating, including Nomura's Laser Digital, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures and Moonrock Capital, Natix said Thursday.

Angel investors, including Figment Capital managing partner James Parillo, Bitget managing director Gracy Chen, bitsCrunch CEO Vijay Pravin Maharajan, and Paul Taylor, also joined the round.

Natix started raising funds for the strategic round in January of this year and closed it this week, co-founder and CEO Alireza Ghods told The Block. He declined to comment on the structure of the round and …

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