ROVR Network is a decentralized 3D high-precision map protocol that recently completed a $2.6 million seed round funding. Borderless Capital and GEODNET co-led the investment, with IoTeX and several angel investors also participating. The new funds will be used to support ROVR in providing real-time, compliant geospatial data for autonomous driving and spatial AI by integrating LiDAR and RTK technology. They plan to launch the platform token ROVR on Solana and expect to conduct the TGE in May.

ROVR Network completed a $2.6 million seed round financing to provide high-precision open source map data solutions for the autonomous driving industry. The funds will be used for global hardware deployment and data collection, while also promoting the token issuance of ROVR based on the Solana chain. ROVR and GEODNET will establish a joint office to integrate technical resources.

ChainCatcher message, Decentralization network hardware infrastructure company GEODNET announced that it has completed an $8 million strategic financing round, led by Multicoin Capital, with participation from ParaFi and DACM, bringing its total funding to $15 million. This financing will be used to expand its global Real-Time Kinematic (RTK) network and support the development of next-generation robotics and Physical AI.

BlockBeats news, on February 25th, according to CoinDesk, the DePIN project Geodnet completed an $8 million Token financing, led by Multicoin. Geodnet provides financial incentives to startups, encouraging ordinary people to host physical infrastructure. Due to the strong demand for Geodnet services, the project's Token (its incentive mechanism) has risen by more than double in the past 12 months.

Jinse Finance reported that the Decentralization network hardware infrastructure DePIN project GEODNET announced in a post on X platform that it has received investment from ParaFi Capital. The specific amount of investment has not been disclosed for the time being, and the new funds are intended to support the construction of a global real-time dynamic network to provide services for the fields of robotics, autonomous driving, and agriculture. It is reported that GEODNET previously disclosed that it is based on Polygon.

Animoca Brands announced an investment in the decentralized real-time dynamic network GEODNET and a collaboration with its project Mocaverse to explore the integration of precise positioning technology in the Moca Network, accelerating the integration of blockchain and real-world experiences. This move will advance the development of mixed reality games and immersive experiences, opening up new possibilities for developers to seamlessly integrate the digital and physical worlds.

Animoca Brands announced a partnership with GEODNET and invested in its development within the DePIN community to drive the development of positioning and augmented reality technology, further promoting the rise of the network, and integrating positioning technology into consumer applications.