375ai has successfully raised $10 million in funding, with a $5 million round led by Delphi Ventures, Strobe Capital, and HackVC. Additional investors include 6MV, ARCA, EV3, Peaq, and Heartcore. The company is advancing its DePIN project, which utilizes 375 Edge devices equipped with cameras and sensors to gather real-world data on consumer behavior in cities such as Los Angeles, New York, and Miami. Built on the Solana platform, the project aims to digitize offline activities, addressing the 75% of business activity that occurs offline, according to CEO Harry Dewhirst. The new funds will facilitate the project's deployment across the U.S. and support a token generation event planned for late October.
375ai Secures $10M Funding to Expand DePIN Project in U.S.
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