PANews reported on October 8th that, according to Blockworks, the Solana Decentralized Physical Infrastructure Network (DePIN) project, Grass, is raising $10 million in a bridge financing round. This follows the project's previous seed and Series A funding rounds. Andrej Radonjic of Grass revealed to Blockworks that Polychain and Tribe Capital participated in this bridge round, which primarily involved token purchases. The Grass team is reportedly looking to prepare for the transition from training computation cycles to inference, with the ultimate goal of achieving "internet-scale web crawler" operations, which will enable them to build real-time contextual retrieval capabilities.PANews reported on October 8th that, according to Blockworks, the Solana Decentralized Physical Infrastructure Network (DePIN) project, Grass, is raising $10 million in a bridge financing round. This follows the project's previous seed and Series A funding rounds. Andrej Radonjic of Grass revealed to Blockworks that Polychain and Tribe Capital participated in this bridge round, which primarily involved token purchases. The Grass team is reportedly looking to prepare for the transition from training computation cycles to inference, with the ultimate goal of achieving "internet-scale web crawler" operations, which will enable them to build real-time contextual retrieval capabilities.
DePIN project Grass is raising $10 million in bridge financing, with participation from Polychain and Tribe Capital
2025/10/08 08:59
PANews reported on October 8th that, according to Blockworks, the Solana Decentralized Physical Infrastructure Network (DePIN) project, Grass, is raising $10 million in a bridge financing round. This follows the project's previous seed and Series A funding rounds. Andrej Radonjic of Grass revealed to Blockworks that Polychain and Tribe Capital participated in this bridge round, which primarily involved token purchases. The Grass team is reportedly looking to prepare for the transition from training computation cycles to inference, with the ultimate goal of achieving "internet-scale web crawler" operations, which will enable them to build real-time contextual retrieval capabilities.
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