DAWN Secures $13 Million in Series B Funding on December 18, 2025

According to media reports, DAWN secured $13 million in Series B funding on December 18, 2025. Investors in this round include Polychain and others. With this financing, DAWN’s total funds raised have reached $48.5 million.DAWN is a decentralized wireless network service provider focused on enabling property owners and residents to buy and sell local internet bandwidth through innovative protocols and hardware technologies. This empowers users to become their own internet service providers. The project utilizes a decentralized architecture, establishing a trustless exchange system based on proof of backhaul, proof of location, and proof of frequency, delivering a more transparent and secure network service experience.This financing marks a significant milestone in DAWN’s ongoing development. Reviewing its funding history: DAWN completed a $15 million Series A round in February 2023; raised an additional $18 million in August 2024; and secured a further $2.5 million in December 2024. The completion of this Series B round further strengthens the project’s market competitiveness and injects new momentum into the advancement of decentralized internet infrastructure.As internet access costs continue to rise, decentralized wireless network solutions are increasingly becoming an industry focal point. Through incentive mechanisms, DAWN encourages ordinary users to participate in network construction, potentially driving democratization and efficiency improvements on the supply side of internet services, with far-reaching implications for the traditional internet service market landscape.