DePIN oracle project Nubila initiates a new round of financing, led by IoTeX and VeChain.

The DePIN oracle project Nubila has announced the launch of a new round of financing, led by IoTeX and VeChain + Boston Consulting Group, with participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures, and Genopets among many other institutions. Nubila has raised a total of 2.50 million US dollars to date. The new financing will be used to expand the business, further develop its ESG data oracle, and achieve key strategic goals such as improving data accuracy, expanding network coverage, increasing user engagement, and enhancing awareness of sustainable investments.