# The Geodnet Foundation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-geodnet-foundation

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.geodnet.com/
- Total disclosed funding: $3.5M
- Latest round: Seed (Feb 28, 2024)
- Investors on record: 8

## About

Based in Singapore, The Geodnet Foundation provides a global navigation network powered by blockchain. In February 2025, The Geodnet Foundation raised USD 8 million in venture fundng led by new investor Multicoin Capital, with participation from other new investor ParaFi Capital and Digital Asset Capital Management. The company provides a navigation platform that uses a new generation of Space Weather stations mounted on roofs to get precise real-time geographic data from Earth and her atmosphere. The firm product range includes satellite miners reference stations, real-time kinematics services, and raw GNSS data, The firm solution has applications in automotive, mobility, consumer robots, survey, mapping, drones, web3, gaming, construction, agriculture, and many others. The company plans to utilize the February 2025 funding to serve new robotics and physical artificial intelligence applications and clients, as well as the network's quickly expanding customer pipeline.

## Funding rounds

- Seed, Feb 28, 2024, $3.5M — Tangent, Borderless Capital, North Island Ventures, IoTex, Road Capital Management, Modular Capital, Reverie, JDI Ventures

## Investors

- Tangent — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- North Island Ventures (https://capitalatlas.ai/funds/north-island-ventures) — Seed
- IoTex — Seed
- Road Capital Management (https://capitalatlas.ai/funds/road-capital-management) — Seed
- Modular Capital — Seed
- Reverie (https://capitalatlas.ai/funds/reverie) — Seed
- JDI Ventures — Seed