Fundraising Fox

XNet

2 known investors

Find your way into XNet

XNET operates a decentralized neutral-host wireless network that boosts LTE/5G connectivity and provides carrier-grade offload in high-demand areas like stadiums, campuses, and city centers. It uses Passpoint (Hotspot 2.0) for wireless offload and rewards network deployers based on real data offloaded, built on the Solana blockchain as a DePIN (decentralized physical infrastructure network).

Crypto & Web3HardwareIoT

Founders & leadership

RK
Richard KentinFounder

Investors · 2

Borderless VentureClermont
Ev3 Ventures LlcNew York · $500K – $3M

In the news

Xunlei launches US$20M share repurchase program | XNET SEC Filing - Form 6-Kstocktitan.net · Jun 2026XNET: Revenue surged 54.1% year-over-year, but net loss widened due to investment revaluation — TradingView Newstradingview.com · May 2026Alpha Liquid Fund Announces a New Investment in XNET Foundationglobenewswire.com · May 2025Investors Will Want Xunlei's (NASDAQ:XNET) Growth In ROCE To Persistsg.finance.yahoo.com · Apr 2025With EPS Growth And More, Xunlei (NASDAQ:XNET) Makes An Interesting Casefinance.yahoo.com · Dec 2024

Frequently asked questions

What does XNet do?
XNET operates a decentralized neutral-host wireless network that boosts LTE/5G connectivity and provides carrier-grade offload in high-demand areas like stadiums, campuses, and city centers. It uses Passpoint (Hotspot 2.0) for wireless offload and rewards network deployers based on real data offloaded, built on the Solana blockchain as a DePIN (decentralized physical infrastructure network).
Who founded XNet?
XNet was founded by Richard Kent.
Who are XNet's investors?
XNet's investors include Borderless Venture, Ev3 Ventures Llc.