ChainCatcher news, according to The Block, the decentralized infrastructure PinGo Lab has completed its seed round financing, with participation from CGV FOF, K24 Fund, CatcherVC, and Landscape Capital.PinGo was initially a Cpin Web2 company with nearly 100,000 devices, which will be integrated into its own DePin network in the future. PinGo's product suite is designed to leverage this network growth. Its main products include the "Pinger" CDN service, the Punny bot, and a data analysis bot currently in development, aimed at helping filter and categorize the massive traffic on Telegram. These tools cater to both Web2 and Web3 clients, ensuring that the PinGo platform is scalable and practically useful.According to RootData, PinGo is an AI and DePin solution on the TON network, addressing the fragmentation and idleness of idle computing resources, providing a strong computational foundation for building AI models.

ChainCatcher news, the DePIN startup Decentralized Infrastructure building the DIMO network has completed a $11.5 million Series A funding round, led by CoinFund, with participation from Slow Ventures, ConsenSys Mesh, Borderless Capital, Bill Ackman's Table Management, and former General Motors CEO G. Rick Wagoner Jr.Digital Infrastructure is building the DIMO network, a decentralized automotive data protocol, and DIMO Mobile, an application that allows drivers to collect and view their own vehicle data and earn rewards through DIMO tokens.Alex Felix, Managing Partner and Chief Investment Officer of CoinFund, will join the board of Digital Infrastructure. A company spokesperson told The Block that the Series A funding brings Digital Infrastructure's total funding to $22 million.

ChainCatcher news, Blockchain Founders Fund's decentralized physical infrastructure network (DePIN) Hivello announced the completion of a $1 million seed pre-financing. This strategic investment is supported by NGC, Blockchain Founders Fund, Side Door Ventures, IDG, Bing Ventures, MEXC Exchange, XT.com Exchange, Genesis Block, and NxGen.

ChainCatcher news, Dispersion Capital has launched a $40 million fund to invest in decentralized infrastructure. The fund is supported by institutions such as WeNade, Circle Ventures, Ripple, Alchemy Ventures, and NGC, and will focus on deploying capital in pre-seed and seed rounds, having already deployed 10% of the fund. (Source link)

According to Chain Catcher news and reported by CoinDesk, the blockchain development platform Infura plans to launch a decentralized protocol early next year to address concerns about its products being too centralized to support the Ethereum ecosystem. Infura co-founder Eleazar Galano stated that Infura will focus on the decentralization of the underlying infrastructure layer, which will facilitate partnerships between Infura and the larger DeFi community. Galano called for early partners to help build its decentralized infrastructure.In addition, Infura will not stop its centralized products; the decentralized protocol will coexist with the company's existing products. (Source link)