07 Aug 202412:54
Project update
Solana-based DePIN project Andrena raised $18 million led by Dragonfly Capital

Solana-based DePIN project Andrena raised $18 million led by Dragonfly Capital

Other investors in the round include CMT Digital, Castle Island Ventures, Wintermute, 6th Man Ventures, and ParaFi. Andrena is developing DAWN (decentralized autonomous wireless network) to offer decentralized internet services. The Series A extension round brings Andrena's total funding to $38 million.


šŸ‘‰ theblock.co/post/309917/solana-depin-andrena-dawn-funding