According to industry sources, GEODNET secured $8 million in over-the-counter (OTC) funding on February 25, 2025. The round was led by Multicoin Capital, ParaFi Capital, DACM, and others. With this transaction, GEODNET’s cumulative funding has reached $15 million.GEODNET’s mission is to collect dense, real-time geospatial data from the Earth and its atmosphere through a new type of rooftop-installed space weather station. The project leverages blockchain technology to build a robust and resilient network, delivering secure and reliable geospatial data products. These products are widely applied in key sectors such as agriculture, transportation, and finance, as well as emerging fields including autonomous driving, AR/VR, and the metaverse.Since the launch of its GEOD token on major exchanges in August 2022, GEODNET has completed multiple funding rounds. Starting with a $1.5 million private round in July 2023, followed by $3.5 million and $2 million rounds in 2024, and now the latest $8 million OTC funding, institutional investors have demonstrated sustained confidence in GEODNET’s prospects. This capital will further drive technological innovation and market expansion in the geospatial data sector, supporting future applications in smart cities, precision agriculture, and the metaverse.