According to ChainCatcher and reported by CryptoPotato, the decentralized environmental intelligence platform Silencio Network has completed a $2.5 million seed round financing, led by Blockchange Ventures, with participation from Borderless Capital, Master Ventures, Blockchain Founders Fund, Prosper GmbH & Co. KG, and Advanced Blockchain AG.
According to the Web3 asset data platform RootData, Silencio is a global network that measures noise pollution. Users can receive rewards by measuring noise pollution with their phones.
ChainCatcher previously reported that Silencio Network, a decentralized data coverage solution provider based in Munich, Germany, focused on combating noise pollution, has successfully raised $1 million in a Pre-Seed round of financing. This round was led by Borderless Capital, with participation from Moonrock Capital, Master Ventures, and Cogitent Ventures.
Silencio Network plans to use this funding to accelerate company growth, enhance data integrity, promote partnerships, and advance more strategic initiatives. Users can earn rewards by measuring noise pollution with their phones through its app.