According to BlockBeats, on October 9, the decentralized storage solution Botanika completed a $1.5 million angel round of financing from 30 angel investors.
The funds will be used to kick-start Botanikaâs go-to-market (GTM) strategy, enabling the company to drive user acquisition and educate the market about its groundbreaking decentralized storage technology.
Inspired by the fundamentals of blockchain, Botanika leverages the concept of a decentralized ledger of online events (essentially data), which has been overshadowed by the crypto-financial aspects of the technology. Botanika recognizes the potential of blockchain as a vast storage network and aims to be the next evolution of decentralized technology. The rise of decentralized physical infrastructure networks (DePIN) and artificial intelligence, combined with the expertise of the founding team, has enabled Botanika to create a unique decentralized storage network driven by plug-and-play hardware nodes.
Botanika has an outstanding team of advisors, including A&T Capital General Partner Jasmine Zhang, Accenture Principal Aamer Chaudhry, Kyndryl Data Center Director Dr. Qurashi, and King Saud University Professor Dr. Al Sanad. These experts bring valuable insights from different industries, strengthening Botanikaâs mission to revolutionize decentralized data storage.
