MelosBoom has completed a Series B financing with a valuation of 80 million, led by LBank Labs.

PANews, November 6th - MelosBoom has completed its Series B financing, led by LBank Labs, with participation from several well-known Web3 investment institutions. The project's valuation has reached 80 million USD. This round of financing will accelerate the global expansion of the MelosBoom ecosystem, particularly in international markets such as South Korea, and promote the widespread application of DePIN technology.

The funds will primarily be used to accelerate the development and promotion of the DeIOE series products, further完善 the global ecological deployment of the decentralized data life network and the development of the hardware market. The support from LBank Labs will help MelosBoom enhance its influence in the international market, especially in the competitive landscape of smart hardware and the DePIN ecosystem.

MelosBoom has completed its Series B financing with a valuation of 80 million USD, led by LBank Labs.