July 01, 2024
Nubila, a leading data ESG data oracle for the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets, Nubila has raised $2.5 million to date.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Nubila | $2.5M | July 01, 2024 | Seed | $2.5M | IoTeX, VeChain, Boston Consulting Group | DePin |
This substantial financial backing highlights the industry's acknowledgement of Nubila's capacity to utilize AI and tokenization to facilitate decision-making, promote sustainable growth, and construct financial products based on ESG data.
Nubila is dedicated to establishing the infrastructure for the MachineFi revolution, acting as the planet's 'data sensor layer'. The company's ambition is to develop an extensive network of sophisticated weather stations and sensors that gather crucial environmental information. The integration of real-time ESG data into a growing number of AI models, like the recently launched Aurora atmospheric model by Microsoft, will improve ESG evaluations and promote more knowledgeable and sustainable decision-making across various sectors. This funding puts Nubila in a position to amplify its operations and broaden its international presence, ensuring a significant contribution to the planet's sustainability and welfare.
The investment will be strategically allocated to expand Nubila’s operations, advance its state-of-the-art ESG Data Oracle, and achieve important strategic objectives. These efforts encompass improving data precision, broadening the network's coverage, boosting user interaction, and raising awareness about sustainable investment.
About Nubila
Based in San Francisco, Nubila is a trailblazer in the field of Environmental, Social, and Governance (ESG) data, committed to revolutionizing sustainability efforts with inventive approaches. By establishing the most extensive ESG Data Oracle in the DePIN ecosystem, Nubila utilizes AI and ESG tokenization to enhance decision-making, foster sustainable growth, and create financial products.
Website: https://nubila.ai/
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About Investor
The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets
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