DePIN project Blockless announced that it has raised $8 million in two rounds of early financing. NGC Ventures led the $3 million pre-seed round, and M31 Capital and Frachtis co-led the $5 million seed round. Its co-founder Butian Li said Blockless plans to launch a testnet in the next few weeks and launch the mainnet and native BLESS token in the third quarter. (TheBlock)