Peaq completes US$15 million in financing, led by Generative Ventures and Borderless Capital

DePIN Layer1 protocol Peaq completed US$15 million in financing, led by Generative Ventures and Borderless Capital, Spartan Group, HV Capital, CMCC Global, Animoca Brands, Moonrock Capital, Fundamental Labs, TRGC, DWF Labs, Crit Ventures, Cogient Ventures , NGC Ventures, Agnostic Fund, Altana Wealth and others participated in the investment.

Funds from this round of financing will be used to expand the Peaq ecosystem, which consists of more than 20 DePINs and involves areas such as multi-chain machine IDs, artificial intelligence agents, and data verification. (The Block)