GEODNET Continues to Gain Momentum with $3.5 Million Seed Funding Round

28 February 2024

AI Generated Summary

The global RTK network GEODNET has received a $3.5 million seed funding round, led by North Island Ventures, with participation from other investors including modular capital, road capital, Tangent, Reverie, and select angels.

GEODNET, through its blockchain-based decentralized network of high-precision multi-band GPS base stations, offers an affordable approach to GPS corrections.

The project’s focus is on improving GPS at scale.