DAWN raises $13M Series B to expand decentralized broadband networks
DAWN secured $13 million in a Series B round led by Polychain Capital to expand its user-owned, decentralized broadband network in the U.S. and internationally.Summary
DAWN, a decentralized protocol offering user-owned, multigigabit broadband service, announced it raised $13 million in a Series B funding round led by Polychain Capital. The funds are earmarked for expanding the Solana-based protocol's network coverage across the United States and initiating new international deployments. DAWN operates on a decentralized physical infrastructure (DePIN) model, allowing individuals and organizations to host wireless nodes, provide internet access, and earn rewards based on coverage quality and demand, thereby challenging centralized legacy providers. The protocol currently reaches over 4 million U.S. households, with an initial international rollout targeting underserved districts in Accra, Ghana. DAWN also introduced consumer hardware, like its Black Box device, which functions as both a router and a decentralized infrastructure node.
(Source：CoinDesk)