Decentralized energy storage asset network React's parent company completes $4.2 million financing, led by Lerer Hippeau and Lattice

2022-11-18 00:16:03
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ChainCatcher news, according to Streetinsider, the company Anode Labs Inc, which develops the decentralized energy storage asset network React, announced the completion of a $4.2 million financing round, led by Lerer Hippeau and Lattice, with participation from VaynerFund, CoinShares, and Digital Currency Group.

Anode Labs' React network uses decentralized Web3 technology to save energy, improve grid efficiency, and address climate issues. Its energy storage asset platform allows participants to connect their home batteries to the Web3 energy storage network, where connected businesses and individuals can receive cash and token incentives. (Source link)

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