DIMO raised $11.50M in a Series A funding round

Date: January 16, 2024

Decentralized car data network DIMO raised $11.50M in a Series A funding round led by CoinFund, with participation from Slow Ventures, Consensys Mesh, Borderless Capital.

About DIMO:
DIMO is a decentralized car data protocol, focusing on empowering drivers and fleets to collect and view their own car data while earning rewards through the DIMO token. This protocol allows users to connect their cars to the network and participate in its governance, aiming to decentralize the network. DIMO Mobile, the companion app, is an integral part of this ecosystem, facilitating user interaction with the network. The project has experienced significant growth, emphasizing its value for developers and the potential for building innovative car applications.

All funding rounds, links and details you can find on the project page DIMO