DePIN project SendingNetwork raises $7.5 million in financing

DePIN project SendingNetwork has raised $7.5 million in a seed extension financing round. Several investors, including Nomad Capital, Symbolic Capital, Web3.com Ventures, Galxe, SWC Global, Balaji Srinivasan, and Yield Guild Games co-founder Gabby Dizon, participated in this round of financing. Following last year's initial seed round financing of $12.5 million, this seed extension financing brings SendingNetwork's total funding to $20 million.

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