Blizzard the Avalanche Fund Leads $4 M Pre-Seed Round for Datagram’s DePIN Baselayer
The post Blizzard the Avalanche Fund Leads $4 M Pre-Seed Round for Datagram’s DePIN Baselayer appeared on BitcoinEthereumNews.com.
Datagram secured $4 M in pre-seed funding led by Blizzard the Avalanche Fund to build a sovereign Layer 1 blockchain on Avalanche, tapping idle compute, storage, and bandwidth to power real-time decentralized applications. Funding Round Details Datagram closed a $4 M pre-seed round led by Blizzard the Avalanche Fund, with participation from: Animoca Brands Cointelegraph Amber Group Aquanow Arche Fund DePIN X Capital ISKRA JDI Ventures Yellow Capital A cohort of angel investors from leading infrastructure and blockchain organizations The proceeds will accelerate node deployment in key markets, onboard strategic partners, and fund Datagram’s upcoming node sale and mainnet launch. Harnessing Idle Infrastructure Up to 80% of global connectivity resources—bandwidth, CPUs, and storage—remain unused in personal and enterprise systems. Datagram’s Hyper-Fabric Network repurposes this idle capacity into a high-availability, decentralized backbone that optimizes traffic for gaming, AI, communications, and more. Sovereign Layer 1 on Avalanche Built on Avalanche’s high-throughput consensus, Datagram offers deterministic finality, ultra-low latency, and native composability with over 200 enterprise partners and more than 1 M users worldwide. “Avalanche shares our belief that real-time infrastructure must be decentralized, efficient, and open,” said Jason Brink, CEO of Datagram Network. Its blockchain-agnostic substrate also enables seamless integration with emerging DePIN networks across chains. Strategic Roadmap and Partnerships Datagram’s roadmap includes: Partnerships across gaming, telecom, and AI sectors Expansion of an AI-driven routing engine to optimize global node traffic A public Alpha Testnet inviting users to run nodes, enhance network performance, and earn $DGRAM rewards Investor Perspectives “Datagram is building the missing link between underutilized infrastructure and real-time Web3 applications,” said Lydia Chiu, SVP of Corporate Development and CIO of Blizzard the Avalanche Fund. Leigh Travers, Director of Capital Markets at Animoca Brands, added, “Infrastructure is the foundation for digital freedom and ownership. Datagram’s architecture unlocks a decentralized model that…
Filed under: News - @ June 30, 2025 11:25 am