The Solana ecosystem DePin project Ambient has completed a $2 million financing round, led by Borderless Capital

ChainCatcher news, the DePIN project Ambient based on Solana announced the completion of a $2 million seed round financing, led by Borderless Capital, with participation from Solana Ventures, Parami Investors, Sonic Boom Ventures, and Primal Capital.

Ambient was founded in January this year, acquired the Algorand-based environmental data project PlanetWatch in March, and decided to migrate to Solana. Ambient plans to launch on the Solana testnet this summer, followed by the release of its own token to incentivize users to contribute data.