Helium (HNT), a decentralized blockchain-based network for Internet of Things (IoT) devices, It received $200 million in investment from a Series D funding round and announced to its investors that it was renamed Nova Labs.
According to the news of Bloomberg, Helium Inc, in a statement, has renamed its name to Nova Labs and Series D financing from your tour He said he had collected 200 million.
Financing round led by Tiger GlobalSeven Seven Six, Deutsche Telekom, GV (formerly Google Ventures), Liberty Global and Andreessen Horowitz large investment companies such as
Commenting on the funding round, Nova Labs founder and CEO Amir Haleem said,
This fund will be used to expand the firm and create new products. We are also achieving our goal of creating a distinction between the helium blockchain and its native token, HNT, with the rebranding.
Nova Labs’ native token HNT, in the last seven-day period 2% last while gaining value 24 in an hourly period 4% experienced an increase in value. According to CoinMarketCap data at the time of writing this article, HNT 25.35 It is traded in dollars and is on the list made by CoinMarketCap. It ranks 50th.