🇸🇪 Wingbits raises $5.6 million to revolutionize rewards-based plane tracking with DePIN technology

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Stockholm, Sweden – January 21, 2025 – WingbitsCompany 3.0 startup, raising $ 5.6 million in a driving tour by The capital without limits and Saudi capitalWith participation from Spartan Groupand The capital of the tribeand antlerand SNZ and the heart. This amounts to its total financing of $ 9.2 million, as is the pioneers of the first decentralized physical infrastructure network (DePin) for aviation.

“Wingbits is a final use of DePin. It is on the right path to be the largest network that tracks aircraft on the ground thanks to its incentives and the well -designed implementation.”

This last financing comes just 6 months after the 3.5 million dollar Wingbits tour, with the support of the capital without borders without borders, Tribe Capital and onler. Since then, the start -up company founded by Robin Winjardi and Alex Longo has achieved rapid growth, which has expanded his network six times faster than any other aviation tracking system in history.

“We are enthusiastic about partnership with the Wingbits team, which has already started in less than 18 months to disable the aviation tracking industry with a large demand installed by taking advantage of Blockchain technology to stimulate the supply of low -quality cumin data,” said Asader Foster, CEO of Bullish Capital.

In its first year on Solana Testnet, the Wingbits network was expanded to 2100 active stations (Users), follow 120,000 unique flights per day in 85 countries. In addition, there are more than 2000 prior demands for custom engineering DePin devices, which were produced in partnership with Geodnet.

“I think Wingbits has a strong opportunity to become a leader in their market compared to many other DePin projects. Based on my research, they also have one of the most dynamics of the unique supply aspect, and benefit from hundreds of thousands of current flying trackers around the world. The balanced force in all demand for success in DEDIN projects,”

A bold solution to a broken model

Airline tracking, the cornerstone of the 6 trillion dollar aviation industry, has long been relied on a global network of volunteers who installed home antennas to collect airline data. Companies such as Flightradar24 and Flightaware sell this data to airports, airlines and other institutions to support their global operations, generate hundreds of millions of revenues, while volunteers themselves receive something in return.

“The current model is not only exploitation-it’s inactive,” says Robin Winjarde, CEO of Wingbits and co-founder. “We are setting a new standard for transparency and cooperation in aviation. It relates to building a network better than traditional alternatives, while dealing with shareholders as valuable people with valuable interest, they are the backbone of the infrastructure infrastructure.”

Wingbits is the first aviation tracking network to compensate for the shareholders directly, stimulate the status of devices better, the quality of data and coverage in the global blind areas. Like helium with its wide grille of 5G hotspots, Wingbits is strengthening Solana’s Blockchain to reward its shareholders through the original symbols of $ Wings.

At the heart of the Wingbits network, there are leading DePin devices. These devices will be manufactured by industry leaders, the first ADS-B proven devices, which ensures data verification and reliable, processing long-term concerns about fake data and inaccurate reports in the aviation industry.

With air traffic doubled by 2040, the drone industry is expected to exceed $ 55 billion by 2030, reliable and developed tracking systems will be vital. Through recent financing, Wingbits plans to accelerate the publication of the device, expand its network to an incomplete representative, and improve the distinctive symbol because it is preparing for its next main launch.

“We have realized the commitment and ambition of Robin and Alex since the beginning of the growth journey. This financing round reflects the quality of the technology they build, the level of innovation in their business model and the speed they are doing. The founders have begun to create the best aviation tracking network, and they have already commented on the partner in the partners.

“The aviation tracking industry is a major matter for disabled by Wingbits. Bani on Web3 RAILS allows Wingbits to motivate users to provide high-quality AdS-B with the most reliable and less transition time. PEK, investor in the SPARTAN group.

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About the capital without borders

Since 2018, Borderless has made more than 250 investments in Web3, as it has played a fundamental role in developing some of the best projects in the BLOCKCHAIN ecosystem.

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About the Saudi capital

Bullish Capital is an investment company that provides strategic capital, industry experience, and a wide network of resources to support initiatives that link traditional financing with the revolutionary capabilities of the digital economy. Part of the upscale group, Bullish Capital is part of a larger ecosystem that also includes digital asset trading and derivative services that use central maximum central performance technology and shopping technology for providing deep liquidity and narrow spread in a compatible framework. Business was licensed by Bafin and Gibraltar Financial Services Committee. In addition, Bullish Group Coindesk, the media, events, indicators and data that serve the global encryption economy. For more information about climbing, please visit Bullish.com Follow LinkedIn and x.

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About the tribal capital

Tribe Capital is an investment capital company that focuses on capturing a permanent feature in Venture and Crypto using data science. The team consists of investors, engineers and scientists who use data for the modeling of the project -backed private companies. The San Francisco -based company has about $ 1.7 billion of management assets, and has made remarkable investments in Apollo.io, Carta, Docker, Kaken, Instabase, Herrativity Space and Shiprockket.

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About the horn
Antler is the Day Zero investor in the world that inspires, enables and invests in the founders of insight everywhere. It was founded on the belief that talents are present everywhere, but the opportunity is not. We share with the most early stages of entrepreneurship all over the world through our stay in 27 cities across six continents, Austin, Berlin, Bangalore, Jakarta, London, New York, Singapore, Stockholm, Sydney and outside. As an extension of our founding team, our global society supports them from the beginning and continues to support them by forming the team, verifying the validity of the deep business model, initial capital, global expansion, and follow -up, with a personal passion that goes beyond traditional investment. To date, we have brought more than 1,200 startups to their presence that provided the model change solutions in all industries, with the aim of supporting more than 6000 by 2030.

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About the Spartan group

The Spartan Group was founded in 2017, a pioneering player in the Web3 area. We are one of the most active investors in projects and supported some pioneering encryption companies and networks. We are also pioneering in the Web3 M & A deals and increasing the capital, and we regain our record of work with global -level teams, deep experience in the encryption industry, and the unparalleled network to create a collective value with exceptional founders.

For media inquiries, please contact: [email protected]

About the heart

Heartcore are the indigenous, encrypted investors who focus on products that drive the space forward and pay the prevailing adoption. Our team brings together more than 10 years of investment experience in the original Web3 with 15 years of investment and work with WEB2 unit through various sectors.


It was originally published on January 21 by Wingbits.

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