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Bee Maps Unveils $19 Monthly Membership Plan, Secures $32M Series A Funding

Join Bee Maps for just $19 a month. Plus, $32M in funding will boost tech and rewards, attracting more contributors.

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At the bottom of the image on the road there is a double decker bus with images and text. Behind...
At the bottom of the image on the road there is a double decker bus with images and text. Behind the bus there is a wall with fencing. Behind the fencing there are vehicles, poles with street light and a sign board. And also there are buildings with walls and glass windows. At the top of the image there is sky.

Bee Maps Unveils $19 Monthly Membership Plan, Secures $32M Series A Funding

Bee Maps, a trailblazer in decentralized physical infrastructure, has unveiled a game-changing $19 monthly Bee Membership plan. This move replaces upfront hardware costs, making it easier for contributors to join the platform. The company, which converts street-level imagery into live geospatial data for various applications, has also secured a significant $32 million Series A funding round.

The funding round, one of the largest in the decentralized physical infrastructure sector this year, was led by Pantera Capital and supported by LDA Capital, Borderless Capital, and Ajna Capital. Bee Maps aims to use this capital to scale its decentralized mapping operation and enhance its services.

The company is already working with prominent clients such as Volkswagen, Lyft, Mapbox, and NBC. These collaborations help improve route accuracy and enable real-time decision-making in navigation, logistics, and urban planning. The funding will also bolster contributor rewards tied to the HONEY token, further incentivizing participation.

Moreover, Bee Maps plans to deploy dashcams and upgrade its AI models to meet the growing demand from clients like Volkswagen and Lyft. This investment in technology will ensure that Bee Maps continues to provide high-quality, up-to-date geospatial data.

With the introduction of the $19 monthly Bee Membership plan and the successful $32 million Series A funding round, Bee Maps is poised to expand its decentralized mapping operation. The company's innovative approach to geospatial data collection and its partnerships with major clients position it as a leader in the decentralized physical infrastructure sector.

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