Hivello Receives Strategic Investment Led by Animoca Brands
Summary
Hivello, an Amsterdam, the Netherlands-based DePIN aggregator company, received an investment of an undisclosed amount. The round was led by Animoca Brands alongside Taisu Ventures, NGC, Blockchange and Contango. The company intends to use the funds to further innovate and achieve its objectives of simplifying DePIN nodes and making them more user-friendly. By allowing users to contribute their computing resources, it enables them to earn through various Web3 protocols. It aims to eliminate the complexities often associated with decentralized networks, empowering users to engage in Web3 projects without needing specialized technical knowledge.
Funding
Amount
-
Total raised
Date
February 10, 2025
Announcement date
Investors
Animoca Brands
Lead investors
Company
http://www.hivello.com
Funded company
Classifications
industries
Entertainment
applications
Web Conferencing
AskAI Classifications
Labels
SaaS
Blockchain Software
Web3 Platforms
Linked Companies
Animoca Brands
$10M to $25M