Blockchain drone image network Spexi completes $11.50 million Series A financing
Blockchain-based drone imagery network Spexi announced the completion of a $11.50 million Series A funding round led by Blockchange Ventures, with participation from Moonshots Capital and Protocol Labs. Spexi has now developed an innovative blockchain-based "Fly to Earn" network that enables drone market participants to capture standardized, ultra-high-resolution aerial data using Spexi's autonomous driving software and receive rewards. It also combines drone capture images with lower-cost blockchain image integrity preservation capabilities. It is reported that its business currently covers Canada, the United States, Mexico and the United Kingdom.