The fund will invest in the ecosystem surrounding PlanetWatch.
Borderless Capital, a US-based venture capital firm, has raised $10m for its Planets.Fund backed by blockchain infrastructure developer Algorand.
The fund will invest in the ecosystem surrounding PlanetWatch, a decentralized indoor and outdoor air quality monitoring network built on the Algorand blockchain.
Those participating in the PlanetWatch network are compensated with Planets tokens for streaming air quality data. The fund will also hold a long-term position in Planets tokens and equity.
Borderless Capital has committed $1m to the fund alongside Algorand, investment…
