The Good Tech Companies - Nubila Kickstarts Fundraising Round Led By IoTeX, VeChain And Other Leading Investors

Episode Date: July 1, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/nubila-kickstarts-fundraising-round-led-by-iotex-vechain-and-other-leading-investors. This significant investment underscores the industry's recognition of Nubila's potential to leverage AI and tokenization to empower decision-making, drive susta Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #nubila, #chainwire, #press-release, #nubila-announcement, #crypto-funding, #depin, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Nubila, a leading data oracle specializing in accurate and actionable Environmental, Social, and Governance (ESG) data, has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Nubila kickstarts fundraising round led by IoTeX, VeChain and other leading investors by Chainwire. San Francisco, United States, July 1, 2024, Chainwire, Nubila, a leading data oracle specializing in accurate and actionable environmental, social, and governance ESG data for the Decentralized Physical Infrastructure Network, DEPIN, ecosystem, has kicked off its fundraising round. The ongoing round is led by IoTeX and VeChain plus Boston Consulting Group, with the participation from Orange DAO, MH Ventures, Future Money Group, SNZ Capital, DePin Surf, Kronos Research, Taisu Ventures, ByteTrade,

WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets, Nubula has raised $2.5 million to date. This significant investment underscores the industry's recognition of Nubilus' potential to leverage AI and tokenization to empower decision-making, drive sustainable development, and build financial products with ESG data. Greater than. At Nubula, we are committed to building the infrastructure for the machine Fi greater than revolution, serving as the data sensor layer for our planet, said Ben, the greater than founder of Nubula. Our vision is to create a comprehensive network of greater than advanced weather stations

and sensors that capture critical environmental greater-than-data. Integrating real-time ESG data into an increasing number of AI models, greater-than-such as Microsoft's recently released Aurora Atmospheric Model, will enhance greater-than-ESG assessments and drive more informed and sustainable decision-making across greater than industries. With this funding, we are poised to scale our operations and greater than expand our global reach, ensuring that we contribute significantly to the greater than sustainability and well-being of our planet. The funds will be strategically used to scale Nubula's operations, further develop its cutting-edge ESG data oracle, and pursue key strategic goals. These initiatives include enhancing data accuracy,

expanding the network's reach, increasing user engagement, and the awareness of sustainability investment. Greater than Nubula is at the forefront of leveraging DEPIN and AI to transform ESG data greater than management, said Rolin Chai, founder of IoTeX. Their approach to creating greater than a decentralized ESG network of community-owned IoT devices, delivering greater than hyperlocal weather data to enhance predictions for various industries is greater than revolutionary. By providing actionable environmental data, Nubula is not only greater than enhancing ESG assessments but also enabling more informed and sustainable greater-than-decision making across various industries. We are excited to support their greater-than mission and look

forward to seeing the significant impact they will make on greater-than-the-sustainability landscape. This network features advanced weather stations, the only ones equipped with high precision sensors and cameras, dedicated to gathering detailed environmental data for accurate ESG assessments. To date, Nubila has deployed 16,000 stations worldwide, collectively capturing over 100 terabytes in weather data. About Nubila Headquartered in San Francisco, Nubila is a pioneer in the environmental, social, and governance ESG data sector, dedicated to transforming sustainability initiatives through innovative solutions. By building the largest ESG data sector dedicated to transforming sustainability initiatives through innovative

solutions. By building the largest ESG data oracle within the DEPIN ecosystem, Nubula leverages AI and ESG tokenization to empower decision-making, drive sustainable development and build financial products. Contact marketing head Darren Goh Nubula Marketing at nubula.ai. Tip this story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.