According to BlockBeats, on September 27, Solana Decentralized Physical Infrastructure Network (DePIN) project Mawari Network announced the completion of $10.8 million in strategic financing. This round of financing was led by Anfield Ltd, Borderless Capital and 1kx, with participation from Accord Ventures, Animoca Brands Japan and others. Following the $6.5 million financing in February 2023, Mawari's total financing amount reached $17.3 million.
Mawari plans to go live on the Solana mainnet in the first quarter of 2025 and will sell node licenses in the fourth quarter of this year. The project currently serves 40 customers, including T-Mobile, Netflix and BMW, with an average annual revenue of approximately $1.5 million. Mawari focuses on real-time 3D content rendering and streaming, supports VR, AR and XR devices, has obtained 3 patents, and another 11 are pending.