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Solana DePIN project Mawari Network completes $10.8 million strategic financing, led by Anfield Ltd and others
2024-09-27 00:02:46
Odaily News Mawari Network, a Solana decentralized physical infrastructure network (DePIN) project focusing on spatial computing, has completed a strategic financing of US$10.8 million. This round of financing was jointly led by Anfield Ltd, Borderless Capital and 1kx, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, Samsung Next and others. Following the US$6.5 million financing in February 2023, this round of strategic financing brings Mawari's total financing to US$17.3 million. Mawari plans to go live on the Solana mainnet in the first quarter of 2025, and will sell node licenses in the fourth quarter of this year to expand infrastructure. (The Block)