Hivemapper Secures $18 Million in Funding on April 5, 2022

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According to industry reports, Hivemapper raised $18 million in funding on April 5, 2022. Investors participating in this round included Multicoin Capital, Anatoly Yakovenko, Raj Gokal, Amir Haleem, and Jaron Waldman, among others. Following this transaction, Hivemapper’s total cumulative funding reached $18 million.Hivemapper is a decentralized, continuously updated mapping platform built by users through dashcam data collection. The project introduces an entirely new mapping economic model, fundamentally transforming traditional notions of map ownership and sharing economic returns with map contributors. This innovative business approach not only ensures real-time map data updates but also incentivizes greater user participation in data collection and maintenance.Notably, Hivemapper has demonstrated robust development following its financing. In December 2022, the project launched its native token HONEY and commenced trading on major exchanges, marking a significant milestone in its growth trajectory. These initiatives highlight Hivemapper’s pioneering efforts in the decentralized mapping sector and its potential to drive transformative change within the traditional mapping services industry.

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HONEY fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
--fundraising-$M--2022-04-04Multicoin Capital,Anatoly Yakovenko,Raj Gokal,Amir Haleem,Jaron Waldman
fundraising-key-milestones
  • 2022-12
    HONEY is live for trading
  • 2022-04-05
    Hivemapper raised $ 18 M in funding round
24hour-high
$0.0148
24hour-volume
$41.09K
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$0.1422
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$0.01309
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49.47%
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$141.90M
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$0.01414
market-cap
$92.28M
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4.94B HONEY
total-supply
6.50B HONEY
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10.00B HONEY
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