# DAWN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dawn-2

- Industry: Telecoms
- Headquarters: New York, US
- Website: www.dawninternet.com
- Total disclosed funding: $13M
- Latest round: Series B (Dec 18, 2025)
- Investors on record: 2

## About

Andrena, Inc. dba DAWN is a U.S.-based company specializing in decentralized wireless broadband networks, allowing users to share their internet capacity and become their own service providers.Founded in 2024 and headquartered in New York, DAWN Internet operates a decentralized wireless broadband network designed for users to share internet capacity. The company raised USD 13.00 mn in Series B funding led by Polychain Capital in December 2025, marking its first deal. DAWN operates independently with no known subsidiaries or parent companies involved.DAWN Internet offers a decentralized wireless broadband network that empowers users to share their internet capacity, effectively becoming their own internet service providers. The core product, known as the DAWN Black Box, functions as a node that facilitates user-owned connectivity by combining both hardware and protocol elements. This innovative system operates within a trustless, on-chain environment, enabling users to earn rewards through maintaining the network and participating in various decentralized projects. The primary end users of DAWN's services include individuals and communities seeking to leverage shared internet resources for improved connectivity. Geographically, DAWN's services target global markets, focusing on areas where traditional internet infrastructure may be limited or where users seek to enhance their connectivity options through decentralized solutions.DAWN Internet generates revenue through a model that incentivizes users to maintain and share their internet infrastructure. The transaction structure primarily revolves around user engagement with the network, where participants earn rewards via the Proof of Bandwidth mechanism. Clients, consisting of individual users and community groups, are incentivized to remain connected and refer others to the service, thus creating a network effect that enhances the overall system. The company’s revenue streams may also include partnerships with decentralized projects that utilize the DAWN infrastructure for their operations. Specific pricing plans or details regarding income from these partnerships are not disclosed; however, the emphasis on rewards for participation forms the backbone of DAWN's revenue-generating activities.In December 2025, DAWN raised USD 13.00 mn in Series B funding to expand its Solana-based network coverage across the U.S. and initiate international deployments. The company is focused on enhancing its product offerings to further serve its user base and aims to enter new markets as part of its growth strategy.

## Funding rounds

- Series B, Dec 18, 2025, $13M — Polychain Capital, Archetype

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series B
- Archetype — Series B