Andrena's $18 Million Funding to Revolutionize Decentralized Broadband
Wednesday, 7 August 2024, 12:00
Andrena's Successful Funding Round
Andrena has recently concluded a funding round of $18 million to support its decentralized broadband project. This initiative is built on the Solana blockchain and is poised to offer innovative solutions in internet connectivity.
Investors Involved
- Dragonfly led the fundraising effort.
- CMT Digital participated in the funding.
- Castle Island Ventures was also an investor.
- Wintermute Ventures contributed to the project.
Conclusion
With this substantial funding, Andrena aims to transform the landscape of internet access through decentralized solutions. By leveraging blockchain technology, the project seeks to promote greater connectivity and potentially lower costs for users.
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.