Blockchain solar firm Glow completes $30 million funding round
2024-10-31 15:31:41
Blockchain blockchain solar company glow completed $30 million financingdesk3cryptocurrencydesktopCrypto News
Blockchain solar company Glow has completed a $30 million round of financing. This round was led by Framework Ventures and Union Square Ventures. Other details were not disclosed. According to reports, Glow operates a decentralized physical infrastructure network (DePIN) composed of solar farms in the United States and India. To encourage the farms on its network to use clean energy, the founders designed an economic model based on subsidies and token incentives.
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