Starpower announced the completion of a new financing round of 2.50 million USD, bringing the total financing amount to 4 million USD.

Starpower announced the completion of a new funding round of $2.50 million, bringing the total financing to $4 million. This round was led by Framework Ventures, with participation from Solana Ventures and Bitscale Capital. Starpower focuses on developing a decentralized physical infrastructure network (DePINs), building a distributed energy network composed of energy storage batteries and electric vehicles to meet energy demands. The company plans to utilize the new funds to continue enhancing the platform and drive user growth. Previously, Starpower raised $1.50 million in a pre-seed funding round led by DAO Alliance. (TheBlock)