Web3 RTK network Geodnet completes 2 million dollars

ChainCatcher news, the GEODNET Foundation behind the Web3 RTK (Real-Time Kinematics) network Geodnet announced the completion of a $2 million strategic financing round, with investors including CoinFund, Pantera Capital, VanEck, and Santiago Santos. GEODNET is a Web3 RTK network that utilizes DePIN principles. The RTK station network of GEODNET complements sensors such as cameras, LiDAR, and IMUs to provide accurate real-time 3D positioning for AI-based autonomous systems.