BlockBeats news, on December 16, according to Blockworks, the decentralized autonomous wireless network project DAWN has completed a $2.5 million strategic financing round, with participation from VanEck's Digital Assets Alpha fund and VanEck Ventures. This financing follows Andrena (DAWN's parent company) completing a $18 million financing round in August.
Andrena CEO Neil Chatterjee stated that DAWN aims to leverage the "transformation of our lifestyle", as society shifts from reliance on wired internet to a completely wireless internet with the rollout of 5G and Starlink. DAWN's hardware can be used to share the internet, "regardless of which provider you use", and does not require a DAWN-specific internet service.
