SendingNetwork Raises $7.5 Million in Seed Extension Funding Round

Tuesday, 16 April 2024, 11:30

SendingNetwork, a DePIN project specializing in web3 communications, recently secured $7.5 million in a seed extension funding round. The investment was led by well-known investor Balaji Srinivasan and other prominent backers. This funding will propel SendingNetwork's growth and development in the web3 communications sector, signaling confidence in its innovative approach to decentralized communication networks.
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SendingNetwork Raises $7.5 Million in Seed Extension Funding Round

SendingNetwork Raises $7.5 Million

SendingNetwork, a DePIN project with a focus on web3 communications, has successfully secured $7.5 million in a seed extension funding round. This significant investment was led by investor Balaji Srinivasan and other backers, highlighting confidence in SendingNetwork's innovative approach to decentralized communication networks.

Key Points:

  • The funding will accelerate SendingNetwork's growth and development in the web3 communications sector.

Conclusion: With this substantial investment, SendingNetwork is well-positioned to drive advancements in decentralized communication networks, offering promising prospects in the evolving world of web3 communications.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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