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Datagram, the Hyper-Fabric Network for DePIN interoperability, today announced the close of its $4 million pre-seed funding round. The round was led by Blizzard the Avalanche Fund, with participation from Animoca Brands, Cointelegraph, Amber Group, Aquanow, Arche Fund, DePIN X Capital, ISKRA, JDI Ventures, Yellow Capital, and a cohort of angel investors from leading infrastructure and blockchain organizations.
The funds are being used to launch its sovereign Layer 1 blockchain on Avalanche, optimized for real-time performance and composability. The $4M raise will also accelerate Datagram’s node network deployment in key markets, onboard strategic partners, and accelerate Datagram Network’s roadmap for its upcoming node sale and mainnet launch.
60% of global capacity in connectivity infrastructure is underutilized, with up to 80% of bandwidth, CPUs, and storage across personal and enterprise systems sitting idle. Datagram’s network employs idle compute, storage, and bandwidth into a high-availability, decentralized infrastructure backbone powering applications in gaming, AI, communications, and more.
“Avalanche shares our belief that real-time infrastructure must be decentralized, efficient, and open” said Jason Brink, CEO of Datagram Network. “Their leadership in this round validates the technical foundation we have built and the potential we see to become the baselayer for the decentralized internet.”
Launching as a sovereign Layer 1 blockchain on Avalanche, Datagram’s network offers deterministic finality, ultra-low latency, and native composability across the broader Avalanche ecosystem for over 200 enterprise partners and more than 1 million users worldwide. The network is also blockchain-agnostic at its substrate level, meaning it can seamlessly integrate with existing and emerging DePIN networks across chains.
“Datagram is building the missing link between underutilized infrastructure and real-time Web3 applications” said Lydia Chiu, SVP of Corporate Development and CIO of Blizzard the Avalanche Fund. “We are excited to support their mission to make decentralized infrastructure more performant, composable, and widely accessible.”
“Infrastructure is the foundation for digital freedom and ownership” said Leigh Travers, Director of Capital Markets at Animoca Brands. “Datagram’s architecture unlocks a decentralized model that can scale with real-world demand from gaming to AI to the broader open metaverse. We believe their approach is essential to building the next generation of the Internet.”
The company’s roadmap will rollout partnerships across gaming, telecom, and AI, along with the expansion of its AI-based routing engine to optimize traffic flow across a global network of decentralized nodes. Datagram also launched its Alpha Testnet, allowing users to run nodes, contribute to network performance, and earn rewards in $DGRAM. This was the first public phase of Datagram’s rollout of its real-time infrastructure and verifiable DePIN interoperability.
