The decentralized environmental intelligence platform Silencio Network has completed a $2.5 million seed round financing, led by Blockchange Ventures

Dec 18, 2024 20:16:39

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ChainCatcher news, according to CryptoPotato, the decentralized environmental intelligence platform Silencio Network has completed a $2.5 million seed round financing, led by Blockchange Ventures, with participation from Borderless Capital, Master Ventures, Blockchain Founders Fund, Prosper GmbH & Co. KG, and Advanced Blockchain AG.

According to the Web3 asset data platform RootData, Silencio is a global network for measuring noise pollution. Users can receive rewards for measuring noise pollution with their mobile phones.

ChainCatcher previously reported that Silencio Network, a decentralized data coverage solution provider based in Munich, Germany, focused on combating noise pollution, successfully raised $1 million in a Pre-Seed round of financing. This round was led by Borderless Capital, with participation from Moonrock Capital, Master Ventures, and Cogitent Ventures.

Silencio Network plans to use this funding to accelerate company growth, enhance data integrity, foster partnerships, and advance more strategic initiatives. Through its app, users can receive rewards for measuring noise pollution with their mobile phones.

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