Participated · Seed · Jul 2026

DGrid operates a decentralized artificial intelligence network that enforces execution transparency through its Proof of Quality (PoQ) cryptographic verification mechanism. The protocol routes inference requests via a Smart Router and lets developers buy and price agents in an open Marketplace, while the Arena on BNB Chain (using the ERC-8004 token standard) enables rapid on-chain deployment. The stack also references companion Openclaw host hardware and offers access to leading models such as Claude, GPT, and Gemini at a reported 55% discount. DGrid reports early network traction with more than 50,000 daily active users and 500,000 monthly active users across its interfaces. The company is focused on reducing cryptographic overhead and latency to make PoQ practical for enterprise workflows and plans continued R&D to scale verification for production use.

Participated · Equity · Jul 2024

Network3 provides AI infrastructure to support large-scale model inference, training, and validation for developers. The project already runs over 200,000 nodes across 181 countries and regions. It completed a $5.5M financing to expand its team, improve its technology stack, and accelerate its token generation event (TGE) within the IoTeX ecosystem. Investors in the round include IoTeX, Borderless, EV3 and others. Network3 is positioned to integrate with IoTeX's upgraded 2.0 strategy, which emphasizes a modular open platform for AI and DePIN and offers ecosystem support via funds, accelerators, and incentive programs. The funding is intended to help the project scale infrastructure and speed its deployment inside the IoTeX ecosystem.

Led · Equity · Jul 2024

Nubila is an ESG data oracle project that provides ESG data specifically for the DePIN ecosystem. The project's core product is an oracle designed to supply ESG-related data to DePIN participants. The company announced a new financing round and has raised $2.5 million. The round was led by IoTeX, VeChain and Boston Consulting Group. A broad group of investors participated, including OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets. The article does not disclose additional operational metrics or specific future plans.

Participated · Equity · Mar 2024

Metablox develops DePIN solutions focused on simplifying access to public WiFi through its Roam protocol. Roam enables users to traverse public WiFi networks using decentralized identifiers (DIDs) and verifiable credentials (VCs), creating a unified global WiFi OpenRoaming network. The protocol interlinks distinct WiFi networks to remove repeated log-ins, reconnecting, password sharing and redundant registrations during local or international travel. The company said it will use new funding to enhance operational capabilities, broaden market presence and accelerate adoption of its DePIN solutions. Metablox is based in Vancouver, BC, Canada and is a portfolio company of NFT Technologies Inc. MetaBlox is described in the article as a DePIN project. The company completed a $5 million financing round at the end of 2023. That round was led by Anagram and Volt Capital, with participation from Comma3 Ventures, ECMC Group, Awesome People Ventures, Stratified Capital, DePIN Labs, Future 3 Campus, IoTeX, ZC Capital and JDI. Earlier angel investors Synergis and SNZ continued to invest in the strategic round. The article does not provide details on MetaBlox's core product, future plans, operating metrics, valuation, or the specific financing instrument.

Participated · Seed · Feb 2024

Geodnet operates a decentralized physical infrastructure network (DePIN) that delivers centimeter-level location data as an alternative to GPS. The network comprises nearly 14,000 base stations that provide hyper-accurate mapping data used by farming drones, industrial robots and other robotics applications. Geodnet incentivizes individuals to deploy and operate base stations—anyone running a $700 base station earns GEOD tokens—shifting deployment costs away from the company. The project says it built in two years what the industry had been working on for 20 years and now has twice as many stations as anyone else. Existing customers are powering over $3 million in annual recurring revenue. Management is targeting 2025 growth in India and South America, particularly in the farming sector, and plans to focus the new capital on robots and drones. GEODNET operates a blockchain-governed global Real-Time Kinematic (RTK) network that delivers centimeter-level location accuracy, a 100x improvement over standalone GPS. The network has grown to over 5,000 GPS/GNSS reference stations, with an additional 2,000 stations in delivery and installation. GEODNET's RTK data complements on-device sensors such as cameras, LiDAR, and IMUs to power AI-based autonomous systems and intelligent autonomy services. The Foundation reports more than a dozen commercial partnerships for paid data usage across agriculture, drones, consumer robotics, PPP services, automotive PPP-RTK, and Low Earth Orbit satellite tracking. Near-term plans include further decentralization of the protocol and improving developer accessibility. The Foundation has announced fresh strategic capital to support these objectives and its commercial pipeline. GEODNET operates a Web3, decentralized physical infrastructure network (DePIN) that provides global RTK GNSS correction streams to enable centimeter-level positioning. Anybody can install and operate a reference station called a Satellite Miner to deliver RTK corrections within roughly 20–40 kilometers and earn GEOD tokens. The network already has over 4,000 registered reference stations in 2,500+ cities across 120+ countries and the company reports more than $500k in ARR. GEODNET aims to provide affordable GPS augmentation and raw GNSS reference streams to power use cases that require precise localization. Target industries include drones, smart mowers, ADAS and self-driving cars, agriculture, consumer robots, and augmented/virtual reality, with the network intended to complement on-device sensors like cameras, LiDAR and IMUs. The project is governed by the GEODNET Foundation and is led by founder Mike Horton, who previously founded Crossbow Technology and is co‑founder and CTO of ANELLO Photonics. GEODNET operates a decentralized Geo-Spatial Reference Network composed of high-precision multi-band GNSS base stations that deliver reliable centimeter location accuracy for drones, robotic vehicles, augmented reality, and IoT/mobile devices. Since its official launch in early 2022, the real-time GEODNET network has grown to over 3,000 reference stations and is present on every major continent. Station data from GEODNET is actively used by companies such as Hemisphere GNSS, Quectel Wireless Solutions, and Rock Robotic. Station owners run Satellite Mining stations and are rewarded in the project’s native Polygon token, GEOD. The GEODNET Foundation manages the open network protocol and promotes service adoption within the traditional GNSS and IoT industries. The project combines AI, IoT, and blockchain to enable a new class of distributed cryptographic sensor networks and targets developer ecosystems for both enterprise and consumer applications.