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Decentralized physical infrastructure provider Grove completes $7.9 million financing, with participation from Druid Ventures

2023-11-30 22:13:48

ChainCatcher news, according to CoinDesk, decentralized physical infrastructure (DePIN) provider Grove (formerly Pocket Network) has raised $7.9 million from Fidelity's Avon Ventures, Placeholder Capital, and Druid Ventures. Grove will use this funding to establish new partnerships and drive DePIN towards mainstream adoption.

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