DePIN project Vangrid raises $9M in token round to build spatial data network for physical AI applications.
VC & Fundraising ·
Vangrid, a decentralized physical infrastructure (DePIN) project, raised $9 million in a token round to support development of a spatial data network designed for physical AI applications. The funding marks a capital infusion into the project's efforts to build infrastructure for location-based data collection and processing.
Spatial data networks in the DePIN category aim to enable distributed participants to contribute geographic and sensor information that can be used to train and operate AI systems in physical environments. Vangrid's approach positions the project within a broader ecosystem of infrastructure protocols that tokenize data contribution and network participation.
The specifics of the token round structure, lead investors, use of proceeds beyond network development, and timeline for launch or milestones remain unclear from available reporting.