Mawari Network, a Solana decentralized physical infrastructure network (DePIN) project focusing on spatial computing, has completed a strategic financing of US$10.8 million, led by Anfield Ltd, Borderless Capital and 1kx, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures and others. Following a US$6.5 million financing in February 2023, this round of strategic financing brings Mawari's total financing to US$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 to expand its infrastructure. (The Block)