TechFlow news — Hivello, a decentralized physical infrastructure network (DePIN), has announced the completion of a $1 million pre-seed funding round. Investors include NGC, Blockchain Founders Fund, Side Door Ventures, IDG, Bing Ventures, MEXC Exchange, XT.com Exchange, Genesis Block, and NxGen.
Led by the co-founder of Banxa, Hivello is dedicated to meeting blockchain application demands through building decentralized infrastructure. The project plans to integrate 100 DePINs within the next 12 months, expanding the availability of decentralized services.




