🎉 Andrena has just secured $18.00M in its latest funding round! 🎉
🔹About: Andrena is a decentralized wireless internet provider that aims to revolutionize broadband access using blockchain technology. Leveraging the Solana blockchain, Andrena provides a cost-effective and efficient solution for delivering high-speed internet to underserved and remote areas. The project’s protocol, known as DAWN, operates as a decentralized physical infrastructure network (DePIN). It allows homes to access the internet without relying on centralized providers. DAWN is currently in a testnet environment and will soon launch on Solana. Think of DePIN as a decentralized version of Amazon Web Services (AWS) or Google Cloud. The funding round, led by Dragonfly with participation from CMT Digital, Castle Island Ventures, and Wintermute Ventures, aims to complete DAWN’s protocol and smart contracts. 🚀
🔹 Lead Investors: DragonFly Capital, CMT Digital, Wintermute, ParaFi Capital, 6th Man Ventures and many more.
🔹 Total Raised: $33.00M.
🔹 Project Category: DePIN, IoT, Blockchain Service.
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