๐Top Project From Recent Funding Round - GEODNET๐
๐ GEODNET has just secured $8.00M in its latest funding round! ๐
๐นAbout: GEODNET, or the Global Earth Observation Decentralized Network, is a blockchain-based RTK (Real-Time Kinematics) network designed to provide precise, cost-effective GPS and GNSS corrections. Founded by Mike Horton, the project leverages a Decentralized Physical Infrastructure Network (DePIN) model to significantly reduce capital and operational costs. GEODNET's network consists of over 10,000 RTK base stations globally, making it the largest RTK network in the world. The platform offers centimeter-level accuracy, which is crucial for high-precision applications such as autonomous vehicles, agricultural automation, and drone deliveries. GEODNET's innovative approach has led to strategic partnerships with companies like Boson Motors and Propeller, showcasing its RTK capabilities. The project has also achieved impressive growth, with $2 million in annualized revenue and a 455% increase from the previous year. By providing a scalable and efficient solution for precise geolocation, GEODNET is set to transform global positioning services and support a wide range of high-precision applications.๐๐
๐น Lead Investors: Multicoin Capital, Pantera Capital, Santiago R. Santos, VanEck, Animoca Brands, ParaFi Capital and many more.
๐น Total Raised: $15.00M.
๐น Project Category: Blockchain Service, DePIN.
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