TechFlow reports that on September 27, according to The Block, Mawari Network, a Solana-based decentralized physical infrastructure network (DePIN) focused on spatial computing, has raised $10.8 million in strategic funding. The round was co-led by Anfield Ltd, Borderless Capital, and 1kx, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, Samsung Next, and others. Following its previous $6.5 million raise in February 2023, this strategic round brings Mawari’s total funding to $17.3 million.
Mawari plans to launch on the Solana mainnet in Q1 2025 and will begin selling node licenses in Q4 this year to expand its infrastructure. The project currently serves 40 clients, including global brands such as T-Mobile, Netflix, and BMW, generating approximately $1.5 million in annual revenue. Focused on real-time 3D content rendering and streaming, Mawari supports VR, AR, and XR devices and has already secured three patents, with 11 more pending.
