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      Glow's Logo

      Glow - Undisclosed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      October 31, 2024

      Financing amount

      $30M

      Valuation

      --

      Category

      Others

      Subcategory

      DePIN Environment

      About Glow - Undisclosed

      Glow is an Ethereum-based solar project attempting to achieve 100% renewable energy by decentralizing electric grids around the world. The company is less than a year old and has raised $30 million in a funding round led by Framework Ventures and Union Square Ventures. Glow operates a decentralized physical infrastructure network, or DePIN, of solar farms in the United States and India. To encourage the farms on its network to outperform "dirty" energy grids, the founders designed an entire economy based on an incentive model of subsidies and tokens.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Canada 2019 99 [email protected]
      Fund United States of America 2004 33 [email protected]

      Founders & Team

      David Vorick's Logo

      David Vorick

      Company Profile / Project Introduction

      Glow is a DePIN project targeting decentralised energy distribution.Glow enables the creation and operation of solar farms, particularly in areas where it would not be profitable without incentives.

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      *Fundraising Announcement: Click here