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DePIN oracle project Nubila launched a new round of financing, led by IoTeX and others

On July 1st, Nubila, the DePIN oracle project, announced the launch of a new round of financing, led by IoTeX and VeChain + Boston Consulting Group, OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets. Nubila has raised $2.50 million to date. The new financing will be strategically used to scale Nubila's business, further develop its ESG data oracle, and achieve key strategic objectives. These initiatives include improved data accuracy, expanded network coverage, increased customer engagement, and awareness of sustainable investing.