Swiss GPS firm Onocoy raises $940k from strategic investors for commercial expansion, token launch, and product development.

Onocoy, a Swiss company developing high-precision GPS systems using blockchain-based decentralized infrastructure, has raised over $940,000 from strategic investors, including industry leaders from GPS and Web3 sectors. The funding will support commercial expansion, a token launch, and product development. With a total funding of over $4.2 million, Onocoy aims to transform the GPS industry, targeting a $250 billion market with applications in drones, autonomous vehicles, and robotics.

September 03, 2024
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