Tech Company Financing Transactions
The Geodnet Foundation Funding Round
The Geodnet Foundation secured a funding round on 4/17/2024. Backers included CoinFund, private investors and Pantera Capital.
Transaction Overview
Company Name
Announced On
4/17/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support its near-term objectives of decentralization and developer accessibility.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Los Altos, CA 94024
USA
Los Altos, CA 94024
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
GEODNET is a web3.0 blockchain-based highly-reliable RTK Network using #DePIN principles. RTK (Real-Time Kinematics) enables a 100x improvement in position accuracy as compared to standalone GPS. GEODNET's global RTK Network naturally complements on-device sensors such as Cameras, LiDAR, and IMU's to power AI-based Autonomous Systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Mike Horton
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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