DePIN project Hivello completed US$1.5 million in financing, with IDG, NGC and others participating in the investment
Decentralized physical infrastructure network (DePIN) project Hivello announced the completion of a new round of financing of 1.5 million, with participation from Blockchange, Cypher Capital, MH Ventures, Primal Capital, Contango Digital Assets, Candaq, NGC, Blockchain Founders Fund, IDG, etc. Hivello will use the new financing to expand its technical capabilities, accelerate product development, and consolidate its market position in the DePIN field.
As previously reported by BlockBeats, on December 14, 2023, according to prnewswire, decentralized physical infrastructure network (DePIN) project Hivello completed a Pre-Seed round of financing of $1 million, with participation from NGC, Blockchain Founders Fund, Side Door Ventures, IDG, Bing Ventures, MEXC Exchange, XT.com Exchange, Genesis Block, and NxGen.
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