Natix Raises $3.5 Million To Build Natix Network: A Blockchain-Based Worldwide Crowdsourced Camera Network

Apr 13, 2023•over 2 years ago

Amount Raised

$3.5 Million

Round Type

seed

HamburgBlockchainArtificial Intelligence

Investors

Coin Ix CapitalPlug And Play VenturesTechstarsBlockarm CapitalMulana CapitalCvvcMysterium NetworkXyoBlockchange Ventures

Description

Hamburg-based Natix Network, a decentralised network of cameras creating real-time maps of cities, has raised $3.5 million in Seed funding to launch its first mobile app Drive& and build its team while developing the network

Company Information

Company

Natix

Location

Hamburg, Hamburg, Germany

About

NATIX Network is building an open geospatial Intelligence network using their proprietary AI and smartphone cameras. NATIX’s flagship product “NATIX Drive&” app uses driver assistant apps (e.g. dashcam and navigation), token incentives, computer vision AI, and smartphone cameras to crowdsource real-time data creating an open geospatial Intelligence network that rewards users for contributing. With over 60k registered drivers and over 12 million km covered in only 11 months, NATIX is one of the fastest-growing DePIN networks globally.

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