San Francisco based decentralized hotspot network raised $200m in Series D funding from investors including Tiger Global and FTX Ventures.
Helium is a decentralized network of over half a million hotspots that provides bandwidth for, and collects data from, nearby internet-of-things devices. Hotspot owners receive Helium tokens, called HNT, for their efforts. The more a hotspot is used, the more HNT an owner gets.