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DAWN raises $13M to expand decentralized bro
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DAWN raises $13M to expand decentralized bro
DAWN raises $13M to expand decentralized broadband networks
5 min read
DAWN raises $13M to expand decentralized broadband networks
The decentralized wireless protocol plans U.S. expansion and new international deployments as investors back a user-owned alternative to legacy internet providers.
By Jamie Crawley, AI Boost|Edited by Sheldon Reback
Dec 18, 2025, 3:39 p.m.
Decentralized wireless protocol DAWN raised $13 million in a Series B funding round. (춘성 강/Pixabay, modified by CoinDesk)
What to know:
- DAWN raised $13 million in a Series B led by Polychain Capital.
- The protocol enables individuals and organizations to own and monetize wireless broadband infrastructure.
- New funding will support U.S. growth and international rollouts.
DAWN, a decentralized protocol designed to deliver a multigigabit broadband service owned and operated by users, said it raised $13 million in a Series B funding round led by Polychain Capital.
The money will be used to expand the Solana-based protocol's network coverage across the U.S. and roll out international deployments, according to an announcement shared with CoinDesk on Thursday.
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The New York-based project allows individuals and organizations to act as network hosts, deploying wireless nodes that provide internet access. The hosts earn rewards based on coverage quality and demand. The model aims to sidestep the centralized ownership structures that dominate traditional broadband, instead distributing infrastructure ownership to the network edge.
The funding highlights the interest of investors in the introduction of decentralization to real-world services, an approach known as decentralized physical infrastructure (DePIN).
DAWN is not alone in identifying communication as a DePIN application. Another prominent project, Helium, allows users to act as small cellphone sites by installing hot spots. The platform, also built on Solana, expanded to the Brazilian market this month in a partnership with local WiFi provider Mambo.
DAWN reaches over 4 million households in the U.S, while an initial international rollout in Accra, Ghana targets underserved districts where fiber has proven slow and expensive to deploy.
The project also introduced consumer hardware, including its Black Box device, which doubles as a router and a decentralized infrastructure node. The device supports multiple blockchain ecosystems and allows households to participate directly in broadband delivery while earning rewards.
DePINInternetFunding RoundsPolychain Capital
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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