NATIX Network, an innovative AI-based platform that harnesses edge computing to collect real-time geospatial data, has secured a staggering $9.6 million in funding. This milestone achievement is fueled by a recent $4.6 million strategic round led by Borderless Capital and co-led by Tioga Capital, garnering support from a diverse array of investors, including Escape Velocity, Big Brain, WAGMI Ventures, Inception Capital, Laser Digital, IOTEX, Moonrock Capital, Cogitent, Room 40 ventures, Veris Ventures, Future Money Group, iAngles, and notable industry leaders.

NATIX Network is disrupting the geospatial analytics market, projected to exceed $200 billion by 2033, by empowering individuals through Decentralized Physical Infrastructure Networks (DePINs). This approach challenges the centralized monopolies established by major tech companies, fostering innovation and democratizing access to map data.

Recognized as one of the fastest-growing DePINs globally in Messari's "State of DePIN 2023" report, NATIX has attracted an impressive 92,000 registered drivers within a year, collectively covering over 28 million kilometers. The platform's user-friendly design allows anyone with a smartphone to participate effortlessly, without the need for specialized hardware.

The data collected by NATIX holds immense value for urban areas, mobility firms, and the autonomous driving industry, enabling them to optimize operations and enhance infrastructure effectively. NATIX's flagship product, "Drive&," seamlessly integrates smartphone cameras with driver assistant apps like dashcams and navigation systems, leveraging innovative incentive mechanisms and privacy-respecting computer vision AI to crowdsource real-time data.

In a strategic move, NATIX is set to launch its native token on the Solana blockchain in Q2 of 2024, unlocking new monetization avenues for drivers and enabling in-platform governance.

Alireza Ghods, NATIX's CEO and co-founder, expressed enthusiasm for the company's momentum and the market's confidence in its vision. "We are committed to accessibility, allowing anyone with a vehicle and smartphone to make meaningful contributions to their urban environment," he said. "Looking ahead, collaborating with leading high-performance networks like Solana and Peaq is crucial for advancing our mission."

Alvaro Gracia, Partner at Borderless Capital, praised NATIX's innovative approach, stating, "NATIX is emerging as a leader in commodity DePIN, establishing a benchmark for how incentivized models can effectively operate at scale. We're impressed by NATIX's innovative use of smartphone cameras and AI-accelerated chips to build a network for crowdsourced geospatial data. Not only does it enhance scalability and simplify user onboarding, but it also makes it easier to provide users with significant rewards and perks, boosting engagement throughout. This lays the groundwork for future innovative models in the industry."

As NATIX Network continues to disrupt the geospatial analytics landscape, its successful funding round and strategic partnerships position it as a driving force in the driver-led data revolution, unlocking new possibilities and empowering individuals to contribute to their urban environments in meaningful ways.