Natix Network Secures $3.5 Million in Seed Funding on April 14, 2023

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According to media reports, Natix Network closed a $3.5 million seed funding round on April 14, 2023. The round saw participation from Blockchange Ventures, XYO, Mysterium Network, CV VC, Plug and Play, Techstars, Mulana Capital, Blockarm Capital, and CoinIX Capital. To date, Natix Network has raised a cumulative total of $13.1 million.Natix Network is a blockchain-based crowdsourced camera network focused on creating a real-time world map. As a decentralized physical infrastructure network (DePIN), the project leverages AI technology for global mapping while ensuring no private data is collected. Its flagship product, Drive&, is an in-car earning application that allows users to mount their smartphones as dashcams. The AI software automatically collects data on road traffic flow, traffic signs, and objects, as well as infrastructure damage such as potholes and faded road markings.Notably, Natix Network has maintained strong momentum following this funding round. Public information indicates the project secured $4.6 million in strategic financing in April 2024 and completed a $5 million public fundraising round in May 2024. In July 2024, Natix Network was officially listed for trading on major exchanges, marking a new phase of development for the project. This series of funding and listing events demonstrates sustained market interest in blockchain-based physical infrastructure projects and highlights the growth potential of the DePIN sector.

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NATIX fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
Seed-Roundfundraising-$M--2023-04-13Blockchange Ventures,XYO,Mysterium Network,CV VC,Plug and Play,Techstars,Mulana Capital,Blockarm Capital,CoinIX Capital
fundraising-key-milestones
  • 2024-07-02
    NATIX is live for trading
  • 2024-05-16
    Natix Network raised $ 5 M in Public Sale round
  • 2024-04-25
    Natix Network raised $ 4.6 M in strategic financing
  • 2023-04-14
    Natix Network raised $ 3.5 M in Seed round
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