The post Bee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping Network appeared on BitcoinEthereumNews.com. Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday. The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin) sector this year. Bee Maps is an application on the Hivemapper network, which is one of the largest decentralized physical infrastructure networks (DePIN) focused on mapping data on Solana. Hivemapper enables drivers to contribute data through AI-enabled dash cams, which detect real-time changes on roads (like new signs on the roads, detours, or construction zones), ensuring digital maps can update quickly to stay accurate. Bee Maps leverages this infrastructure by rewarding contributors with its native token, $HONEY, for collecting street-level imagery. The raise highlights strong investor appetite for Bee Maps’ vision of real-time, AI-powered maps. In recent months, Bee Maps has teamed up with major players including Lyft and Volkswagen’s robotaxi program to bring its mapping-data to their platforms. The fresh capital will be used to distribute more devices, enhance AI models that process and update map features and boost contributor incentives tied to $HONEY. “With this funding, we are accelerating global device deployments, expanding coverage, and strengthening our AI pipeline. Demand is not the problem — supply is,” said Ariel Seidman, the co-founder of Hivemapper, in a press release shared with CoinDesk. Bee Maps is also rolling out a Bee Membership plan, slashing upfront costs from nearly $600 to just $19 a month. The subscription bundles hardware, software, and contributor benefits into one package, lowering the barrier for new participants to join the network. Read more: Volkswagen ADMT Taps Solana-Based Hivemapper Bee Maps for Driverless Data Source: https://www.coindesk.com/tech/2025/10/06/bee-maps-raises-usd32m-to-scale-solana-powered-decentralized-mapping-networkThe post Bee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping Network appeared on BitcoinEthereumNews.com. Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday. The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin) sector this year. Bee Maps is an application on the Hivemapper network, which is one of the largest decentralized physical infrastructure networks (DePIN) focused on mapping data on Solana. Hivemapper enables drivers to contribute data through AI-enabled dash cams, which detect real-time changes on roads (like new signs on the roads, detours, or construction zones), ensuring digital maps can update quickly to stay accurate. Bee Maps leverages this infrastructure by rewarding contributors with its native token, $HONEY, for collecting street-level imagery. The raise highlights strong investor appetite for Bee Maps’ vision of real-time, AI-powered maps. In recent months, Bee Maps has teamed up with major players including Lyft and Volkswagen’s robotaxi program to bring its mapping-data to their platforms. The fresh capital will be used to distribute more devices, enhance AI models that process and update map features and boost contributor incentives tied to $HONEY. “With this funding, we are accelerating global device deployments, expanding coverage, and strengthening our AI pipeline. Demand is not the problem — supply is,” said Ariel Seidman, the co-founder of Hivemapper, in a press release shared with CoinDesk. Bee Maps is also rolling out a Bee Membership plan, slashing upfront costs from nearly $600 to just $19 a month. The subscription bundles hardware, software, and contributor benefits into one package, lowering the barrier for new participants to join the network. Read more: Volkswagen ADMT Taps Solana-Based Hivemapper Bee Maps for Driverless Data Source: https://www.coindesk.com/tech/2025/10/06/bee-maps-raises-usd32m-to-scale-solana-powered-decentralized-mapping-network

Bee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping Network

Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday.

The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin) sector this year.

Bee Maps is an application on the Hivemapper network, which is one of the largest decentralized physical infrastructure networks (DePIN) focused on mapping data on Solana.

Hivemapper enables drivers to contribute data through AI-enabled dash cams, which detect real-time changes on roads (like new signs on the roads, detours, or construction zones), ensuring digital maps can update quickly to stay accurate. Bee Maps leverages this infrastructure by rewarding contributors with its native token, $HONEY, for collecting street-level imagery.

The raise highlights strong investor appetite for Bee Maps’ vision of real-time, AI-powered maps. In recent months, Bee Maps has teamed up with major players including Lyft and Volkswagen’s robotaxi program to bring its mapping-data to their platforms.

The fresh capital will be used to distribute more devices, enhance AI models that process and update map features and boost contributor incentives tied to $HONEY.

“With this funding, we are accelerating global device deployments, expanding coverage, and strengthening our AI pipeline. Demand is not the problem — supply is,” said Ariel Seidman, the co-founder of Hivemapper, in a press release shared with CoinDesk.

Bee Maps is also rolling out a Bee Membership plan, slashing upfront costs from nearly $600 to just $19 a month. The subscription bundles hardware, software, and contributor benefits into one package, lowering the barrier for new participants to join the network.

Read more: Volkswagen ADMT Taps Solana-Based Hivemapper Bee Maps for Driverless Data

Source: https://www.coindesk.com/tech/2025/10/06/bee-maps-raises-usd32m-to-scale-solana-powered-decentralized-mapping-network

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
transcosmos helping Chinese lingerie brand LING LINGERIE’s full-fledged entry into Japan

transcosmos helping Chinese lingerie brand LING LINGERIE’s full-fledged entry into Japan

Executing strategies to help LING LINGERIE, a Chinese brand meeting Gen Z needs, boost awareness TOKYO, Jan. 23, 2026 /PRNewswire/ — transcosmos today announced
Share
AI Journal2026/01/23 19:30
UBS Crypto Trading: The Bold Move That Could Reshape Private Banking in 2025

UBS Crypto Trading: The Bold Move That Could Reshape Private Banking in 2025

BitcoinWorld UBS Crypto Trading: The Bold Move That Could Reshape Private Banking in 2025 In a landmark development for the financial world, Swiss banking titan
Share
bitcoinworld2026/01/23 19:25