Overview
- The Series A was led by Pantera Capital with LDA Capital, Borderless Capital and Ajna Capital, marking one of the year’s largest DePIN financings.
- Bee Maps says the capital will accelerate dashcam distribution, strengthen AI models that extract and update map features, and increase HONEY token rewards for contributors.
- The company introduced a $19-per-month Bee Membership that replaces roughly $589–$600 upfront hardware costs to lower the barrier for new participants.
- The service runs on the Hivemapper network, which turns imagery from AI-enabled dashcams into geospatial data stored and served on Solana.
- Enterprise users cited by the company include Volkswagen’s robotaxi program, Lyft, Mapbox and NBC, with device supply identified as the main bottleneck to expanding coverage.