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ROVR Network raises $2.6M in a seed round co-led by Borderless Capital and GEODNET to enhance its decentralized HD mapping platform.

Apr 29, 2025•8 months ago

Amount Raised

$2.6 Million

Round Type

seed

Santa ClaraGeospatialBlockchainArtificial IntelligenceSoftware

Investors

Io Te XAdditional Angel InvestorsGeodnetBorderless Capital

Description

ROVR Network, a blockchain-native platform for decentralized 3D mapping, has secured $2.6 million in seed funding, co-led by Borderless Capital and GEODNET. This funding will be used to accelerate global operations and hardware deployment. The platform aims to provide real-time geospatial data for the autonomous vehicle industry. ROVR's innovative mapping protocol combines LiDAR with real-time positioning for centimeter-accurate results.

Company Information

Company

ROVR Network

Location

Santa Clara, California, United States

About

ROVR Network is a blockchain-native geospatial infrastructure protocol that enables real-time, decentralized 3D mapping using LiDAR, camera, and RTK-GNSS technology. Designed to power the future of autonomous systems and spatial AI, ROVR transforms geospatial data collection into an open platform built on blockchain and incentivized through token rewards.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers