Having worked at Google, we know the huge investment it takes to build ‘ground truth’ for mapping. Up to date, comprehensive, high quality geodata has all sorts of beneficial use cases. Today, it’s largely locked within the walls of a few companies with their own business models for metering access, but via the blockchain economy, there’s a new approach.
Hivemapper is using dashcams and its own crypto token to create a decentralized and cost-effective approach to the next generation of map building. Its progress and vision are impressive enough to raise an $18 million Series A round, which the company announced today. Homebrew is a longtime supporting investor of the Hivemapper team and if you want to join (the org chart), they’re hiring.