Fundraise

Tina raises $3M to crowdsource geospatial data on Solana

What's the deal? TinaDealroom has a profile for this one. Try Dealroom →, a decentralized geospatial data network, has raised $3 million from ThinkwareDealroom has a profile for this one. Try Dealroom →, Gemhead CapitalDealroom has a profile for this one. Try Dealroom →, Archer CapitalDealroom has a profile for this one. Try Dealroom →, and Mayer VentureDealroom has a profile for this one. Try Dealroom →.

What's the endgame? The Solana-based network turns community-contributed location data into real-world datasets. Users collect and verify points of interest, roads, traffic, and other location data during daily driving, earning token rewards in return.

The signal: Tina slots into the growing decentralized physical infrastructure network (DePIN) category, which pays contributors in tokens to build and maintain real-world data systems. By tying rewards to routine driving, it bets that crowdsourced collection can rival established mapping providers.

Read more: phemex.com

Image credit: Generated with Gemini

More top stories