Hivemapper Raises $18M From Multicoin Capital To Create The World’s First Decentralized Mapping Network

Hivemapper Inc., the creator of Hivemapper, a global, decentralized mapping network with a crypto-integrated dashcam, today announced an $18 million Series A round led by Multicoin Capital with participation from Craft Ventures, Solana Capital, Shine Capital, and Spencer Rascoff’s 75 and Sunny Ventures. Joining previous investors Spark Capital, Founder Collective, and Homebrew, they bring the company’s total financing to $23 million to date. The new funds will be used to support Hivemapper’s mainnet launch this summer, onboard more map contributors, and deliver the company’s first crypto-integrated dashcam, the Hivemapper Dashcam, which is available for pre-order for $449 effective immediately with shipping to begin in July 2022.