Starpower recently secured 2.5 million USD, elevating its cumulative funding to reach 4 million USD. The funding round was chiefly led by Framework Ventures, involving notable contributions from Solana Ventures and Bitscale Capital. Starpower is focusing on developing decentralized energy networks to address the increasing renewable energy demands and offer innovative solutions.

Currently, Starpower has established 1.5 million registered wallets and activated over 16,000 devices, generating 1 million USD in revenue. The newly secured funds are intended to advance their decentralized platform and boost efforts to increase user adoption. Starpower’s CEO envisions tackling renewable energy volatility through integrating advanced technologies into decentralized networks.