– Bee Maps raises $32M to expand decentralized mapping infrastructure – Hivemapper network secures funding for global contributor growth – Pantera Capital leads investment in Solana-based mapping project
Bee Maps, utilizing Hivemapper's decentralized mapping infrastructure, secured $32 million in funding to enhance its network and infrastructure.
- The funding round was led by Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital.
- Hivemapper allows data collection via AI-enabled dash cams to update digital maps with real-time road changes.
- Contributors earn native tokens, $HONEY, for providing street-level imagery.
- Bee Maps partners with companies like Lyft and Volkswagen for improved mapping data integration.
- The new funds will be used to distribute devices, update AI models, and boost contributor incentives.
- A Bee Membership plan reduces upfront costs for participants, offering a subscription model at $19/month.
