Decentralized energy network STARPOWER has completed a $2 million pre-seed funding round, with investors including ALLIANCE, ARWEAVE, IOTEX, BAS1S VENTURES, etc. Angel investors include Max Jungreis, Director of Digital Asset Investments at PLUG AND PLAY, Shen Bo, Founder of FENBUSHI CAPITAL, Sal Gala, Founder of ESCAPE VELOCITY, etc. STARPOWER utilizes the DEPIN model to connect energy power equipment such as air conditioners, batteries, electric vehicles, etc., to establish a dispatchable energy management network aimed at improving electricity efficiency and reducing grid fluctuations, accelerating global energy transition. Currently, STARPOWER has 50,000 app and hardware users, planning to connect over a million power devices within 3 years, aiming to become one of the world's largest distributed energy aggregators.

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<p>According to exclusive information from TechFlow, decentralized energy network Starpower has completed a $2 million Pre-Seed round of financing, with investment institutions including Alliance, Arweave, IoTeX, Bas1s Ventures, and angel investors including Max Jungreis, Director of Digital Asset Investment at Plug and Play, Shen Bo, founder of Fenbushi Capital, and Sal Gala, founder of Escape Velocity.</p>
<p>It is reported that Starpower uses the DePIN model to connect energy and power devices including air conditioners, batteries, and electric vehicles, establishing a dispatchable energy management network to improve electricity efficiency, reduce grid fluctuations, and accelerate global energy transformation. Starpower currently has 50,000 app and hardware users, with a goal of connecting over one million power devices within three years, aiming to become one of the world's largest distributed energy aggregators.</p>
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STARPOWER has completed a $2 million pre-seed financing round to accelerate global energy transition.