TechFlow News — MXC has announced a strategic investment from JDI Ventures, the DePIN investment fund under renowned blockchain hardware manufacturer JDI Global. The funding round amounts to as high as $10 million.
Founded in 2017 in Berlin, Germany, the MXC team is dedicated to advancing the decentralized Internet of Things (DePIN) space. MXC has launched the first Layer3 zkEVM solution on Arbitrum, with its technical team led by former core members of zkSync. The team's vision is to become foundational DePIN infrastructure within the Ethereum ecosystem.
JDI Global will collaborate with the MXC team to provide emerging DePIN startups with support in funding, hardware R&D, and market outreach, accelerating the development of the DePIN ecosystem.
