The post Acurast secures $11M to build mobile-based decentralized computing appeared on BitcoinEthereumNews.com. Acurast, a startup building decentralized physical infrastructure, announced a total of $11M in funding to date. The company’s goal is to turn smartphones into a global network of distributed computing resources.  Acurast is recovering the DePIN narrative, aiming to build another decentralized network for distributed computing. The company aims for a global mesh of connected smartphones, with confidential verification.  “Mainnet marks the moment Acurast becomes a genuinely open, global compute fabric ready for real-world integration. Billions of smartphones are the most battle-tested hardware on earth,” said Alessandro De Carli, founder of Acurast. Following a raise of $11M, Acurast also announced its Genesis Mainnet launch, available from November 17. The launch will coincide with the TGE for the native ACU token.  Acurast tapped leading VC backers in the past two years In total, Acurast has raised over $25M from a mix of ICO sales, VC backing, and angel investors. The most recent round of $11M includes non-dilutive grants and token-based rounds, performed between 2023 and 2025.  The company also held an over-subscribed public token sale in May 2025, raising an additional $5.4M.  Acurast also tapped leading backers from other crypto projects, including Dr. Gavin Wood, Leonard Dörlochter (Founder, peaq), Michael van de Poppe (Founder, MN Capital), Scytale Digital, Ogle (Founder, GlueNet; CoinDesk’s Most Influential), and Vineet Budki (CEO, Sigma Capital). The company also gained support from the Web3 Foundation. Acurast has reached its product launch stage after spending years with limited activity and no token trading. Currently, the DePIN narrative remains subdued, but Acurast showed startups are still building.  Acurast has already ran its product in its testnet version, with 146,443 smartphone users onboarded. The incentivized testnet showed distributed computation could scale for enterprise-grade usage. Acurast uses verification for all device computing power Unlike other DePIN projects, which rely on self-reported… The post Acurast secures $11M to build mobile-based decentralized computing appeared on BitcoinEthereumNews.com. Acurast, a startup building decentralized physical infrastructure, announced a total of $11M in funding to date. The company’s goal is to turn smartphones into a global network of distributed computing resources.  Acurast is recovering the DePIN narrative, aiming to build another decentralized network for distributed computing. The company aims for a global mesh of connected smartphones, with confidential verification.  “Mainnet marks the moment Acurast becomes a genuinely open, global compute fabric ready for real-world integration. Billions of smartphones are the most battle-tested hardware on earth,” said Alessandro De Carli, founder of Acurast. Following a raise of $11M, Acurast also announced its Genesis Mainnet launch, available from November 17. The launch will coincide with the TGE for the native ACU token.  Acurast tapped leading VC backers in the past two years In total, Acurast has raised over $25M from a mix of ICO sales, VC backing, and angel investors. The most recent round of $11M includes non-dilutive grants and token-based rounds, performed between 2023 and 2025.  The company also held an over-subscribed public token sale in May 2025, raising an additional $5.4M.  Acurast also tapped leading backers from other crypto projects, including Dr. Gavin Wood, Leonard Dörlochter (Founder, peaq), Michael van de Poppe (Founder, MN Capital), Scytale Digital, Ogle (Founder, GlueNet; CoinDesk’s Most Influential), and Vineet Budki (CEO, Sigma Capital). The company also gained support from the Web3 Foundation. Acurast has reached its product launch stage after spending years with limited activity and no token trading. Currently, the DePIN narrative remains subdued, but Acurast showed startups are still building.  Acurast has already ran its product in its testnet version, with 146,443 smartphone users onboarded. The incentivized testnet showed distributed computation could scale for enterprise-grade usage. Acurast uses verification for all device computing power Unlike other DePIN projects, which rely on self-reported…

Acurast secures $11M to build mobile-based decentralized computing

3 min read

Acurast, a startup building decentralized physical infrastructure, announced a total of $11M in funding to date. The company’s goal is to turn smartphones into a global network of distributed computing resources. 

Acurast is recovering the DePIN narrative, aiming to build another decentralized network for distributed computing. The company aims for a global mesh of connected smartphones, with confidential verification. 

Mainnet marks the moment Acurast becomes a genuinely open, global compute fabric ready for real-world integration. Billions of smartphones are the most battle-tested hardware on earth,” said Alessandro De Carli, founder of Acurast.

Following a raise of $11M, Acurast also announced its Genesis Mainnet launch, available from November 17. The launch will coincide with the TGE for the native ACU token. 

Acurast tapped leading VC backers in the past two years

In total, Acurast has raised over $25M from a mix of ICO sales, VC backing, and angel investors. The most recent round of $11M includes non-dilutive grants and token-based rounds, performed between 2023 and 2025. 

The company also held an over-subscribed public token sale in May 2025, raising an additional $5.4M. 

Acurast also tapped leading backers from other crypto projects, including Dr. Gavin Wood, Leonard Dörlochter (Founder, peaq), Michael van de Poppe (Founder, MN Capital), Scytale Digital, Ogle (Founder, GlueNet; CoinDesk’s Most Influential), and Vineet Budki (CEO, Sigma Capital).

The company also gained support from the Web3 Foundation. Acurast has reached its product launch stage after spending years with limited activity and no token trading. Currently, the DePIN narrative remains subdued, but Acurast showed startups are still building. 

Acurast has already ran its product in its testnet version, with 146,443 smartphone users onboarded. The incentivized testnet showed distributed computation could scale for enterprise-grade usage.

Acurast uses verification for all device computing power

Unlike other DePIN projects, which rely on self-reported hardware specifications, or third-party cloud computing, Acurast verifies each device’s capabilities and potential workloads. The process ensures all sensitive user data are protected. 

“Acurast is creating a new, user-owned compute layer that aligns perfectly with where AI is heading. Hardware verification, enclave-based confidentiality, and a massive potential footprint of smartphones combine into a defensible moat that server-centric models can’t compete with,” said Vineet Budki, CEO of Sigma Capital.

The Acurast mainnet will also be open to developers from other Web3 protocols, and is compatible with other major blockchains and protocols. Builders can use the Acurast mainnet for off-chain execution, automation, AI workloads, web crawling tasks, testing and more. The network is securely encrypted for data-sensitive tasks.

Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

Source: https://www.cryptopolitan.com/acurast-11m-mobile-decentralized-network/

Market Opportunity
Helium Mobile Logo
Helium Mobile Price(MOBILE)
$0,0001029
$0,0001029$0,0001029
-1,05%
USD
Helium Mobile (MOBILE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Verimatrix: Sale of Extended Threat Defense Assets (Mobile Application Protection) to Guardsquare

Verimatrix: Sale of Extended Threat Defense Assets (Mobile Application Protection) to Guardsquare

Completion of the sale of XTD assets (code and mobile application protection), including a portfolio of patents and a team of experts. The Group is refocusing on
Share
AI Journal2026/02/06 00:49
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44