V3V Ventures makes a major investment in U2U Network, following the seed round co-led by IDG Blockchain and Chain Capital.

After the significant deal of IDG Blockchain and Chain Capital in U2U Network (leading the seed round), we are excited to announce the next important milestone that V3V Ventures, a prominent venture capital firm known for investing in early-stage projects with the potential to impact the tech sector significantly, has made a strategic investment in U2U Network.

V3V Ventures: Expertise in Transformative Tech Investments

V3V Ventures is a Singapore-based venture capital firm dedicated to investing in innovative companies with the potential to transform industries. V3V Ventures focuses on innovative software, disruptive technologies, cryptocurrencies, and NFTs. With a strong focus on Web3 and crypto projects, V3V Ventures also supports other disruptive business models. Their team consists of experienced professionals in technology and business, enabling them to make informed investment decisions and support their portfolio companies effectively.

V3V Ventures has a proven track record of identifying and nurturing promising projects, with world-known investments including BitLayer, Bracket Labs, GhostDrive, CrossCurve, etc

Strategic Investment: Accelerating U2U Network’s Growth and Innovation

Blockchain now aim for real-life applications, enabling DePIN solutions to develop. The DePIN market is currently valued at approximately $2.2 trillion and is projected to rise to about $3.5 trillion by 2028.

U2U Network, setting its sights on becoming a comprehensive ecosystem for Web3 builders, is dedicated to delivering a robust infrastructure emphasizing a Modular Layer-1 Network and a DePIN Ecosystem. With our ambition to reach the Trillion-Dollar Market, U2U Network aims to create a decentralized, user-driven marketplace for digital resources called DePIN Marketplace.

“Continuing on our investment journey with the new investment in U2U Network! With the common ambition to reach the Trillion-dollar DePIN Market and pioneering scalable blockchain solutions with their innovative DePIN Subnet technology of U2U Network, we look forward to providing marketing support and growing together!” — V3V Ventures.

This strategic investment from V3V Ventures will significantly accelerate U2U Network’s growth and development. The funding will be used to enhance our technological infrastructure, strategically bolsters U2U Labs, developing the Subnet Protocol and enhancing tools that streamline development, making U2U Network a perfect fit for DePIN applications. This partnership underscores V3V Ventures’s confidence in U2U Network’s vision and potential to revolutionize the DePIN landscape.

Future Outlook — A Partnership for the Future

With V3V Ventures’ support, we are well-positioned to enhance our infrastructure, drive innovation, and expand within the Web3 ecosystem. Together, we aim to revolutionize the DePIN landscape and create a robust, user-driven marketplace for digital resources. Stay tuned for exciting developments as we continue to push the boundaries of blockchain technology.