Mapping Company Hivemapper Raised $18M in Series A Round Led by Multicoin Capital

Hivemapper, a decentralized mapping company, raised $18M in Series A round led by Multicoin Capital with participation from Craft Ventures, Solana Labs, Shine Capital and others. The funds will be used to support the mainnet launch of Hivemapper’s native HONEY token ($HONEY) and to get more map contributors. Hivemapper aims to build a more affordable and more up-to-date map than Google Map, based on crypto network. Users are able to contribute to mapping by purchasing and using Hivemapper dashcams, and get $HONEY as rewards.