DePIN project Blockless raises $8 million in pre-seed and seed funding rounds

Blockless, a decentralized physical infrastructure network (DePIN) project, secures $8 million in pre-seed and seed funding rounds. NGC Ventures leads the pre-seed round with $3 million, while M31 Capital and Frachtis co-lead the seed round with $5 million. Blockless, inspired by a “matchmaking service,” plans to launch its testnet soon and expects its mainnet and native token, BLESS, to launch in Q3 2024.

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DePIN project Blockless raises $8 million in pre-seed and seed funding rounds

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