Anode Labs raises $4.2 million to build web3 energy grid
Development company Anode Labs has raised $4.2 million in a seed round to build a decentralized network that will pay individuals and small businesses for their energy storage assets. The round is co-led by Lerer Hippeau and Lattice Capital, according to a company release. Other backers include VaynerFund, CoinShares and Digital Currency Group. Co-founded by Jason Badeaux, Dallas Griffin and Evan Caron, Anode Labs is building the React network, which will enable individuals and small businesses to connect their storage batteries to the network and in turn earn passive income in the form of cash and tokenized assets for their contribution. Most data from those assets will live on web3 data warehouse Space and Time, which has raised $30 million this year. An oracle will then connect the relevant data.
Source
https://t.me/DApps_Web3
