Digital Infrastructure is a startup focused on decentralized physical infrastructure networks (DePIN) with a protocol called DIMO aimed at vehicle owners and the automotive sector. The DIMO protocol enables drivers to share data about their cars and earn rewards in the form of a native token, also called DIMO. The company has launched the DIMO token, which the article reports has a market capitalization of roughly $100 million and a trading price around $0.55, up more than 10% in the prior 24 hours. Digital Infrastructure says it plans to accelerate development of DIMO applications and hardware and to mature the DIMO Network into a foundational DePIN protocol. Leadership and investors describe a vision of digitally transforming the automotive industry and creating a dynamic, on-demand marketplace for local automotive services with competitive pricing and smooth transactions.

Total raised

$12M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2024