ROVR Network is a decentralized 3D high-precision map protocol that recently completed a $2.6 million seed round funding. Borderless Capital and GEODNET co-led the investment, with IoTeX and several angel investors also participating. The new funds will be used to support ROVR in providing real-time, compliant geospatial data for autonomous driving and spatial AI by integrating LiDAR and RTK technology. They plan to launch the platform token ROVR on Solana and expect to conduct the TGE in May.

ChainCatcher message, Decentralization network hardware infrastructure company GEODNET announced that it has completed an $8 million strategic financing round, led by Multicoin Capital, with participation from ParaFi and DACM, bringing its total funding to $15 million. This financing will be used to expand its global Real-Time Kinematic (RTK) network and support the development of next-generation robotics and Physical AI.