Blockless, a DePIN project focused on providing computing power, has announced that it has raised $8 million in two early-stage funding rounds. Its co-founder, Butian Li, said Blockless plans to launch a testnet in the coming weeks, as well as a mainnet and native BLESS token in the third quarter.
Blockless said NGC Ventures led a $3 million pre-seed round, while M31 Capital and Frachtis, a new fund formed by Chorus One chief investment officer Xavier Meegan, led a $5 million seed round. Other investors in both rounds include No Limit Holdings, MH Ventures, Interop Ventures and Plassa Capital, Blockless said.
DePIN project Blockless raises $8 million in two early-stage funding rounds
2024-05-20 22:57:01
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