Lightspeed Faction leads $7.7 million Series A round for DePIN weather startup WeatherXM

WeatherXM AG secures $7.7 million in Series A funding led by Lightspeed Faction, with participation from various prominent investors. The startup plans to enhance its crypto-enabled hardware, data quality, and decentralization efforts for its WeatherXM network, aiming to be the world’s largest weather station network by 2025. WXM tokens, facilitating governance, will soon be tradable on Uniswap v3, marking a significant milestone for the company.

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