Hexagon Wireless, a Miami, FL-based provider of decentralized wireless technology, raised $2M in Seed funding.
Backers included Hypersphere Ventures, Mechanism Capital, Superfluid Group, Mahesh Ramakrishnan and Salvador Gala.
The company intends to use the funds to purchase and deploy DeWi hardware and maintain and expand its team.
Led by CEO Alex Kenjeev, Hexagon Wireless developer of decentralized wireless technology working at the intersection of wireless technology and crypto, in an emerging industry called decentralized wireless (DeWi). DeWi represents a new model for building and maintaining wireless networks. By allowing anyone to purchase and deploy hardware that creates wireless coverage, DeWi democratizes ownership of and access to spectrum and internet connectivity. DeWi networks also offer data transfer and connectivity at much cheaper rates than current, centralized networks.
The company is working with enterprise partners, including real estate owners and infrastructure companies, to deploy DeWi mining hardware at scale.
FinSMEs
22/05/2022