The DePIN track shared charging pile project PowerPod has completed a $1 million seed round financing, led by Waterdrip Capital

ChainCatcher news, the DePIN track shared charging pile project PowerPod has recently completed a $1 million seed round financing, led by Waterdrip Capital, with participation from Iotex, Future Money Group, JDI Group, Future3 Campus, and Wagmi Venture.

This financing will mainly be used to strengthen hardware development and testing, validate the minimum closed loop of the business model, and build the community ecosystem. PowerPod aims to build a globally open and interconnected charging network to help accelerate the achievement of low carbon emission goals in the global transportation sector.