[DigitalToday reporter Chi-gyu Hwang (황치규)] Vangrid, a decentralised physical infrastructure network (DePIN) focused on collecting spatial data, has raised $9 million in a seed funding round.
A recent report by The Block said HashKey, Borderless, Crypto.com Capital, Animoca Brands, Gate Labs and MapleBlock Capital joined the round as “key stakeholders”.
The Block said the round combined investors providing only capital with strategic partners that also offered infrastructure, technology and exchange relationships.
Vangrid began fundraising in August 2025 and closed the round in several stages in January 2026. It delayed the announcement until the network was in operation.
The seed round was structured as a simple agreement for future tokens (SAFT).
Chi-gyu Hwang
delight@d-today.co.kr