DePIN, a company specializing in verifying internet data, announced the completion of Series A financing with HackVC as the lead investor, and participation from Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital. The specific amount of financing has not been disclosed. Grass previously completed a $3.5 million seed round financing in December last year, led by Polychain Capital and Tribe Capital. Grass aims to redefine the incentive structure of the internet by allowing users to share unused internet bandwidth resources. Currently, the network, operated by over 2 million users, has provided a significant amount of data for AI models.
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DePIN, a company specializing in verifying internet data, announced the completion of Series A financing with HackVC as the lead investor, and participation from Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital. The specific amount of financing has not been disclosed. Grass previously completed a $3.5 million seed round financing in December last year, led by Polychain Capital and Tribe Capital. Grass aims to redefine the incentive structure of the internet by allowing users to share unused internet bandwidth resources. Currently, the network, operated by over 2 million users, has provided a significant amount of data for AI models.