Silencio positions itself as a decentralized network that aims to be the largest Citizen science project to combat noise pollution. With the Silencio app, users worldwide can share their ambient noise levels and receive rewards. This idea is worth cash to Borderless Capital, Moonroch Capital, MV Global, and Cogitent Ventures. They invested 925,000 euros (1 million dollars) to enable the Startup drive growth, improve data integrity, and foster partnerships.
Álvaro Gracia, Partner at Borderless Capital, comments:
"Borderless is excited to support Silencio's growth. Their unique approach to developing a hardware-free DePIN that leverages the various sensors in a modern smartphone is unique and will support faster growth on the supply side."
Silencio's co-founder and CEO Thomas Messerer adds:
"This investment goes beyond financial support. It represents a shared belief in harnessing the power of blockchain for innovative data solutions. With Borderless Capital's support, we are better equipped than ever to push the boundaries of data coverage in the decentralized era."