Solana

This week saw significant funding activity, led by Andrena, an Internet Service Provider focused on decentralized broadband. Andrena raised $18 million to support its Decentralized Autonomous Wireless Network (DAWN), with investment from Dragonfly, CMT Digital, Castle Island Ventures, and Wintermute Ventures. The funds will help complete the protocol and expand Andrena&#39;s subscriber base.Other key funding rounds included zk-powered exchange Vessel securing $10 million in seed funding, and Zoth, a DeFi yield infrastructure company, raising $4 million.Additionally, Payman AI and Blockscout raised $3 million each, while Nexio, a Bitcoin rollup project, secured $2.2 million. These rounds highlight the growing interest and investment in decentralized and blockchain-based technologies.

Solana-Based DePIN Project Raises $18M in Notable Funding Week

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