Solana Ecosystem DePin Project Ambient Completes $2 Million in Financing, Led by Borderless Capital

According to BlockBeats, on May 8, Ambient, a decentralized environmental data network project based on Solana, announced the completion of a $2 million seed round of financing, led by Borderless Capital, with participation from Solana Ventures, Parami Investors, Sonic Boom Ventures, Primal Capital, etc. Ambient was founded in January this year, acquired PlanetWatch, an environmental data project based on Algorand in March, and decided to migrate to Solana.

Ambient plans to go live on the Solana testnet this summer, and then launch its own tokens to incentivize users to contribute data. Currently, Ambient has deployed more than 25,000 sensors in more than 20 countries around the world, collecting data every 5 minutes, and has generated more than 10.7 billion data streams in total.