GEODNET Raises $8 Million to Empower Robots with Precise Location Data

Leading Decentralized Positioning Network (DePIN) GEODNET has secured an $8 million strategic funding round, led by Multicoin Capital, to accelerate development of its real-time kinematics (RTK) network. This investment will expand the reach of GEODNET’s precision positioning capabilities, serving the burgeoning robotics market and enabling new forms of autonomous technology.