The DePIN project Geodnet has completed $8 million in financing, led by Multicoin Capital

ChainCatcher news, decentralized network hardware infrastructure company GEODNET announced that it has completed a $8 million strategic financing round, led by Multicoin Capital, with participation from ParaFi and DACM, bringing its total financing to $15 million.

This financing will be used to expand its global real-time kinematic (RTK) network and support the development of the next generation of robotics and Physical AI.