Decentralized physical infrastructure provider Grove completes $7.9 million financing, with participation from Druid Ventures
ChainCatcher news, according to CoinDesk, decentralized physical infrastructure (DePIN) provider Grove (formerly Pocket Network) has raised $7.9 million from Fidelity's Avon Ventures, Placeholder Capital, and Druid Ventures. Grove will use this funding to establish new partnerships and drive DePIN towards mainstream adoption.