Bee Maps, the decentralized mapping project run by HIVAPS, has collected $ 32 million in fresh financing to expand its global contributor network and scale its infrastructure, announced on Monday.
The round was led by Panttera Capital, LDA Capital, Borderless Capital and Ajna Capital, which marked one of the largest funding in the decentralized physical infrastructure (depin) sector this year.
Bee Maps is an application on the HIVAPS ATTACH, which is one of the largest decentralized physical infrastructure network (Depin) that focuses on mapping data about Solana.
HIVERS allow drivers to contribute data through AI-activated Dash Cams, which detect real-time changes on roads (such as new signs of roads, detours or construction zones), ensuring that digital maps can quickly update to remain accurate. Bee Maps utilizes this infrastructure by rewarding contributors with its original token, $ honey, for the collection of street level imagery.
Raugh highlights strong investor appetite on BI Maps’ vision of real time, AI-driven cards. In recent months, Bee Maps has joined forces with larger players, including Lyft and Volkswagen’s Robotaxi program to bring his mapping data to their platforms.
The fresh capital will be used to distribute multiple devices, improve the AI models this process and update card functions and increase contributors incitaments tied to $ honey.
“With this financing we accelerate global unit installations, expand coverage and strengthen our AI pipeline. Demand is not the problem-supply is,” said Ariel Seidman, co-founder of HIVAPS, in a press release shared with Coindesk.
Bee Maps also rolls a BEE MEMBER plan that cuts costs in advance from nearly $ 600 to just $ 19 a month. The Bundle’s Hardware, software, software and contributor in favor of a package, which lowers the barrier for new participants to participate in the network.
Read more: Volkswagen Admt Taps Solana-based HIVERS Bee Maps for driverless data
