XYO develops location-data software and physical devices that feed a blockchain geospatial oracle network backed by cryptography. Its decentralized network of devices anonymously collects and validates data tied to geography, temperature, humidity, speed and other components. The company says its technology is intended to empower users to participate in the worldwide digital economy. In support of ecosystem growth, XYO partnered with Outliers Fund to develop and accelerate projects building on the XYO Network. To finance that effort, XYO Labs and Outliers Fund will each commit up to $10M in equities and tokens, creating an ecosystem fund of up to $20M. XYO was founded in 2018 and is based in San Diego, CA.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2022