NATIX Network secured $9.6M in strategic funding led by Borderless Capital and Tioga Capital

Apr 26, 2024•over 1 year ago

Amount Raised

$9.6 Million

HamburgBlockchainArtificial Intelligence

Investors

I AnglesFuture Money GroupVeris VenturesRoom 40 VenturesCogitentMoonrock CapitalIotexLaser DigitalInception CapitalWagmi VenturesBig BrainEscape VelocityTioga CapitalBorderless Capital

Description

NATIX Network has completed a total funding of $9.6 million, with $4.6 million in strategic funding led by Borderless Capital and co-led by Tioga Capital. The investment is supported by various investors including, Escape Velocity, Big Brain, WAGMI Ventures, Inception Capital, Laser Digital, IOTEX, Moonrock Capital, Cogitent, Room 40 ventures, Veris Ventures, Future Money Group, iAngles, and individual angels.

Company Information

Company

Natix

Location

Hamburg, Hamburg, Germany

About

NATIX Network is building an open geospatial Intelligence network using their proprietary AI and smartphone cameras. NATIX’s flagship product “NATIX Drive&” app uses driver assistant apps (e.g. dashcam and navigation), token incentives, computer vision AI, and smartphone cameras to crowdsource real-time data creating an open geospatial Intelligence network that rewards users for contributing. With over 60k registered drivers and over 12 million km covered in only 11 months, NATIX is one of the fastest-growing DePIN networks globally.

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Funding Insights

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