Two double-digit rounds led the funding announcements this week. The first came from Spexi, which is a DePIN for drone imagery. 

Spexi raised $11.5 million in a Series A led by Blockchange Ventures. The round comes two years after it raised a seed round. 

The firm developed “an innovative, blockchain-based ‘Fly to Earn’ network” back in 2017. It seeks to advance “the aerial imagery industry by building a scalable global network of drone pilots to capture and deliver frequently updated, data-rich earth, fully standardized imagery to both the public and private sectors — all with near-zero emissions.”

Read more: Solana Foundation exec departs for ‘the most…

Read more on Blockworks