Natix Network Secures $4.6 Million in Strategic Funding on April 25, 2024
NATIX
NATIX
23.78%
According to industry reports, Natix Network raised $4.6 million in strategic funding on April 25, 2024. Investors participating in this round include Borderless Capital, Tioga Capital, Inception Capital, Laser Digital, IoTeX, Moonrock Capital, Big Brain Holdings, Wagmi Ventures, Cogitent Ventures, and FutureMoney, among others. With this round, Natix Network’s total funding has reached $13.1 million.Natix Network is a blockchain-based crowdsourced camera network platform dedicated to creating a real-time world map. As a decentralized physical infrastructure network (DePIN), the project leverages AI technology for global mapping while ensuring that no personal data is collected. Its flagship product, Drive&, is a drive-to-earn mobile application that utilizes dashboard-mounted cameras and AI software to gather data on road traffic, traffic signs, and other objects, as well as information on infrastructure damage such as potholes and faded road markings.Natix Network has demonstrated robust growth momentum. From securing $3.5 million in seed funding in April 2023, to completing a $4.6 million strategic round in April 2024, and raising an additional $5 million through a public offering in May 2024, the project has consistently gained recognition from capital markets. Natix Network is scheduled to officially launch trading in July 2024, marking a significant milestone in its development. Against the backdrop of deep integration between AI and blockchain technologies, Natix Network’s innovative model is expected to offer new solutions for smart city development and traffic infrastructure management.
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NATIX fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| strategic | fundraising-$M | -- | 2024-04-24 | Borderless Capital,Tioga Capital,Inception Capital,Laser Digital,IoTeX,Moonrock Capital,Big Brain Holdings,Wagmi Ventures ,Cogitent Ventures,FutureMoney |
fundraising-key-milestones
- 2024-07-02NATIX is live for trading
- 2024-05-16Natix Network raised $ 5 M in Public Sale round
- 2024-04-25Natix Network raised $ 4.6 M in strategic financing
- 2023-04-14Natix Network raised $ 3.5 M in Seed round
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