Grass, the DePIN project on Solana, is raising 10 million USD in a bridge raise round, with participation from Polychain Capital and Tribe Capital. This is primarily a token purchase deal, following the previous seed and Series A rounds.
Co-founder Andrej Radonjic stated that Grass helps companies access data on an unprecedented scale by decentralizing the sale of surplus Internet bandwidth. The project aims to become the infrastructure for AI training and inference data, especially in the area of real-time contextual retrieval.
Polychain considers Grass a prime example of a decentralized business model that has the potential to outperform Web2 competitors, and this is their third investment in this project. Tribe Capital also stated that Grass has a large AI client with seven-figure revenue, over 8.5 million monthly active users, and partnerships with around 20 businesses, non-profit organizations, and universities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
USDC Treasury has newly minted 250 million USDC on the Solana chain
Gate News reported that on March 25, according to Whale Alert monitoring, USDC Treasury newly minted 250 million USDC on the Solana chain.
GateNews37m ago
Solana Now Supports MPP for AI Agent Payments
_Solana officially integrates the Machine Payments Protocol by Stripe and Tempo, letting any HTTP API accept stablecoin payments from AI agents on Solana._
Solana has officially added support for the Machine Payments Protocol. The announcement came directly from the official Solana account on X, co
LiveBTCNews1h ago
SOL Is on Its Way to $102 As Ascending Channel Shows Altcoin Ready to Pump 110% Surge: Analyst
Solana (SOL) shows potential for price increase as it stabilizes within an ascending channel, indicating strong buying momentum. Currently priced at $92.48, SOL could rise to $102 if it breaks resistance, with market optimism supported by a bullish index rise.
BlockChainReporter1h ago
Solmate Infrastructure Discloses Digital Asset Reserves: Holding Over 1.235 Million SOL, Total Market Value Approximately $129.4 Million
Solmate Infrastructure releases digital asset reserve update, showing holdings of 1,235,834 SOL and approximately $9.1 million in cash as of February 28, 2026, while clarifying that no SOL tokens have been sold to maintain operations. Total digital asset market value is approximately $129.4 million.
GateNews2h ago
