Uplink Raises $10 Million to Expand Internet Access
Uplink Raises $10M in Funding
Uplink's Funding for Democratizing Internet Access
Key Highlights:
- Funding: Uplink raised $10 million in funding to support its mission of democratizing Internet access.
- Investors: Framework Ventures led the funding round, with participation from Blockchange, Stratos, Mustard Seed Maze, and Outlier Ventures.
- Expansion Plans: The funding will be used to expand Uplink's operations and development efforts.
Uplink's Target Market
- Target Market: Uplink aims to provide accessible Internet connectivity to individuals and businesses.
- Underserved Communities: Focus on connecting communities with limited Internet access, bridging the digital divide.
- Global Reach: Collaborations with industry giants like Ericsson and utility leaders such as Deutsche Telekom, EDP Portugal, and E.ON.
What Uplink Needs to Buy
- Hardware and Infrastructure: Procuring and deploying physical infrastructure for expanding the network's reach.
- Web3 Technologies: Leveraging Web3 technologies to create decentralized solutions for Internet connectivity.
- Partnerships and Collaborations: Collaborating with industry leaders and utility companies to enhance network capabilities and coverage.