Nubila Network Secures $8 Million in Seed Funding on October 20, 2025

According to relevant media reports, Nubila Network secured $8 million in seed funding on October 20, 2025. Investors in this round include Block Space Force, IoTeX, Assembly Partners, Quantum Holdings, and Synharbour AI. Following this round, Nubila Network's total cumulative funding has reached $10.5 million.Nubila Network is a specialized data oracle platform dedicated to providing accurate and actionable environmental, social, and governance (ESG) data services for the distributed physical infrastructure network (DePIN) ecosystem. As the DePIN ecosystem rapidly develops, demand for high-quality data support continues to grow. Nubila provides reliable ESG data, offering critical support for the healthy development of the entire ecosystem.Following the completion of the funding round, Nubila Network has taken several significant actions. On October 30, 2025, the project team announced the NB token economic model, with a total supply of 1 billion tokens, of which 41% is allocated for mining incentives, highlighting a strong focus on community ecosystem participants. Subsequently, on October 31, 2025, the NB token was officially listed for trading and simultaneously launched on leading exchanges Aster and Binance Alpha, receiving support from a trading rewards pool of over 6 million NB tokens and $200,000. These initiatives underscore the project's strong market momentum and robust institutional backing.