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DAWN raises $13M Series B led by Polychain Capital to expand decentralized broadband networks across the U.S. and internationally.

PRIVATEDec 18, 2025

Amount Raised

$13 Million

Round Type

Series B

New YorkInternetWirelessTelecommunications

Investors

Polychain Capital

Description

DAWN, a decentralized protocol for multigigabit broadband service, raised $13 million in a Series B funding round led by Polychain Capital. The funds will help expand its Solana-based network coverage both in the US and internationally. The project enables users to act as network hosts, promoting decentralized infrastructure ownership. DAWN currently serves over 4 million US households and is targeting international deployments in underserved areas.

Quick answer

DAWN raised $13 Million in a Series B round, dated December 18, 2025. Investors: Polychain Capital. DAWN is based in New York, New York, United States.

How much did DAWN raise?
DAWN raised $13 Million in a Series B round on December 18, 2025.
Who invested in DAWN?
Polychain Capital is named as investors in this round.
What does DAWN do?
DAWN is a decentralized protocol designed to deliver multigigabit broadband service owned and operated by users.
Where is DAWN based and how big is it?
DAWN is based in New York, New York, United States. Fundz records about 19 employees.
Who are the decision-makers at DAWN?
Fundz holds 1 contact at DAWN. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Internet and Wireless around the same time

Companies in the same sectors as DAWN that raised within 45 days of this round, from Fundz verified event records.

  • Wytec International raised $66K on December 12, 2025.
  • Wytec International raised $75K on December 10, 2025.
  • SynaXG raised $20M (Funding Round) on December 3, 2025.
  • Ondas raised $8.4M (Series B) on January 26, 2026.
  • Relativity Networks raised $1M (Seed) on January 20, 2026.
  • IO River raised $20M (Series A) on January 14, 2026.

Who to call at DAWN, and when

A new round usually means DAWN is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

DAWN

Location

New York, New York, United States

About

DAWN is a decentralized protocol designed to deliver multigigabit broadband service owned and operated by users. The project allows individuals and organizations to act as network hosts by deploying wireless nodes that provide internet access, earning rewards based on coverage quality and demand. It aims to disrupt traditional centralized broadband ownership structures by distributing infrastructure ownership to the network edge. DAWN currently reaches over 4 million households in the U.S. and is expanding internationally.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

DAWN raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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