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DePIN provider Grove raises $7.9 million in funding

DePIN provider Grove raises $7.9 million in funding

Cointime2023/11/30 14:18
By: Cointime
GVR0.00%POKT+2.35%

Decentralized physical infrastructure provider Grove (formerly Pocket Network) has raised $7.9 million from Avon Ventures, Placeholder Capital, and Druid Ventures, all of which are under Fidelity. Grove will use the funds to establish new partnerships and promote the mainstream adoption of DePIN.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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