DePIN project Andrena completes $2.5 million financing, with participation from VanEck Ventures, etc.

DeepFlowTech

2024-12-16 13:58:15

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According to Blockworks, DAWN, the DePIN project, completed a $2.5 million financing, with VanEck Ventures and VanEck’s digital asset Alpha Fund participating. Neil Chatterjee, CEO of Andrena, said that with the launch of 5G and Starlink, society will transition from wired internet access to completely wireless access, and DAWN is designed to take advantage of “the transformation of the way we live”. Please provide text to be translated. Earlier reports, Andrena, a decentralized physical infrastructure network (DePIN) project based on Solana, completed a $18 million financing to develop a decentralized autonomous wireless network (DAWN).

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