Fundz

Natix Raises $3.5 Million To Build Natix Network: A Blockchain-Based Worldwide Crowdsourced Camera Network

PRIVATEApr 13, 2023

Amount Raised

$3.5 Million

Round Type

Seed

HamburgArtificial IntelligenceBlockchain

Investors

Plug And PlayCoin Ix CapitalTechstarsBlockarm CapitalMulana CapitalCvvcMysterium NetworkXyoBlockchange Ventures

Description

Hamburg-based Natix Network, a decentralised network of cameras creating real-time maps of cities, has raised $3.5 million in Seed funding to launch its first mobile app Drive& and build its team while developing the network

Quick answer

Natix raised $3.5 Million in a Seed round, dated April 13, 2023. Investors: Plug And Play, Coin Ix Capital, Techstars, Blockarm Capital, Mulana Capital, Cvvc, Mysterium Network and Xyo. Natix is based in Hamburg, Hamburg, Germany.

How much did Natix raise?
Natix raised $3.5 Million in a Seed round on April 13, 2023.
Who invested in Natix?
Plug And Play, Coin Ix Capital, Techstars, Blockarm Capital, Mulana Capital, Cvvc, Mysterium Network and Xyo are named as investors in this round.
What does Natix do?
NATIX Network is building an open geospatial Intelligence network using their proprietary AI and smartphone cameras.
Where is Natix based and how big is it?
Natix is based in Hamburg, Hamburg, Germany.
Who are the decision-makers at Natix?
Fundz holds 1 contact at Natix. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Blockchain and Artificial Intelligence around the same time

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

  • RUM Group raised $8.9M on May 15, 2023.
  • OP3N raised $28M (Funding Round) on March 21, 2023.
  • Crossover Markets raised an undisclosed amount (Seed) on March 21, 2023.
  • Grayscale Investments raised $34M (Funding Round) on March 13, 2023.
  • Federato raised $25M on May 26, 2023.
  • Catalyst raised an undisclosed amount (Funding Round) on May 25, 2023.

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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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