- Bee Maps, built on Hivemapper, raised $32 million to expand its global mapping network.
- Major investors in this funding round include Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital.
- Bee Maps uses driver-contributed street-level data and rewards users with its native $HONEY token.
- The funds will support wider device distribution, improved AI models, and increased contributor incentives.
- Bee Maps is reducing hardware costs with a new membership plan and has formed partnerships with companies like Lyft and Volkswagen.
Bee Maps, a decentralized mapping application on the Hivemapper network, has closed a $32 million funding round to accelerate its global contributor network and enhance infrastructure. The investment was announced Monday, with backing from leading firms such as Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital.
The funding round is one of the largest this year in the decentralized physical infrastructure (Depin) sector, according to Bee Maps. The application relies on data gathered by drivers using AI-equipped Dash cams. These devices identify real-time changes on roads, including new signs and construction zones, helping maps stay updated and accurate.
Bee Maps rewards drivers who contribute street-level images with its native $HONEY token. The company plans to direct the new funds toward distributing additional map data collection devices, enhancing AI systems for faster map updates, and boosting $HONEY-based incentives for contributors.
Ariel Seidman, co-founder of Hivemapper, stated in a press release that “With this funding, we are accelerating global device deployments, expanding coverage, and strengthening our AI pipeline. Demand is not the problem — supply is.” In recent months, Bee Maps has partnered with major companies, including Lyft and Volkswagen‘s robotaxi program, integrating its live mapping data into their platforms.
Additionally, Bee Maps is introducing a new membership subscription. This plan lowers the upfront hardware cost from nearly $600 to $19 per month, aiming to make participation in the mapping network more accessible. The package includes hardware, software, and contributor benefits in one monthly fee.
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