The CERN spin-off, building the first global decentralized air quality monitoring network, has raised 3M€ at a challenging time for blockchain companies
Press Release
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Jan 26, 2023 14:00 EST
SAINT-GENIS-POUILLY, France, January 26, 2023 (Newswire.com)
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PlanetWatch raised a total of three million euros via a Simple Agreement for Future Equity (SAFE) complemented by bank loans. The CERN spin-off will use the capital to solidify the business’ foundations and prepare for a larger Series A round later this year.
With a strong roadmap for 2023 that includes smart contracts for air quality data sales and the transition to a Web3 business model, PlanetWatch will use the funds towards three main…