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The Block reported that Mawari Network, a Solana decentralized physical infrastructure network (DePIN) project focusing on spatial computing, completed a strategic financing of US$10.8 million. This round of financing was jointly led by Anfield Ltd, Borderless Capital and 1kx, and Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, Samsung Next and others participated. Following the financing of US$6.5 million in February 2023, this round of strategic financing brings Mawari's total financing to US$17.3 million.


Mawari plans to go live on the Solana mainnet in the first quarter of 2025, and will sell node licenses in the fourth quarter of this year to expand infrastructure. The project currently serves 40 customers, including global brands such as T-Mobile, Netflix and BMW, with an average annual revenue of approximately US$1.5 million. Mawari specializes in real-time 3D content rendering and streaming, supporting VR, AR, and XR devices, and has 3 patents granted and 11 more pending.


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