BlockBeats news, on September 27, The Block reported that Mawari Network, a Solana decentralized physical infrastructure network (DePIN) project focusing on spatial computing, completed $10.8 million in strategic financing. This round of financing was co-led by Anfield Ltd, Borderless Capital and 1kx, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, Samsung Next and others. Following a $6.5 million round in February 2023, this round of strategic funding brings Mawari’s total funding to $17.3 million.

Mawari plans to go online on the Solana mainnet in the first quarter of 2025, and will conduct node license sales in the fourth quarter of this year to expand the infrastructure. The project currently serves 40 customers, including global brands such as T-Mobile, Netflix and BMW, with average annual revenue of approximately US$1.5 million. Mawari focuses on real-time 3D content rendering and streaming to provide support for VR, AR and XR devices. It has currently obtained 3 patents and 11 more are pending.

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