According to Foresight News, the on-chain DePIN project 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. This financing is on top of the $1 million raised earlier this year.
Silencio's mission is to achieve the decentralization of data collection and ensure that value flows directly to users through everyday devices.