DePIN, a company focused on verifying internet data, announced the completion of its Series A financing with HackVC leading the investment and Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital participating. The specific financing amount has not been disclosed. It is reported that Grass completed a $3.5 million seed round of financing led by Polychain Capital and Tribe Capital in December last year. Grass aims to redefine the incentive structure of the internet by allowing users to share unused internet bandwidth resources. Currently, the network is running Nodes operated by more than two million users and has gathered a large amount of data for AI models.
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DePIN, a company focused on verifying internet data, announced the completion of its Series A financing with HackVC leading the investment and Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital participating. The specific financing amount has not been disclosed. It is reported that Grass completed a $3.5 million seed round of financing led by Polychain Capital and Tribe Capital in December last year. Grass aims to redefine the incentive structure of the internet by allowing users to share unused internet bandwidth resources. Currently, the network is running Nodes operated by more than two million users and has gathered a large amount of data for AI models.