According to PANews, CoinFund has announced its lead investment in a $2.25 million seed funding round for Raad Labs. Raad Labs, a decentralized physical infrastructure network (DePIN) project incubated by Montauk Climate, aims to enhance climate data management and collection through distributed personalized weather stations and other atmospheric sensors. The project leverages crypto incentive mechanisms to encourage individual investment and self-deployment of weather stations, aiming to improve the accuracy of weather models and provide new data for climate risk management and emissions quantification.