Vangrid, a decentralized physical infrastructure network, or DePIN, focused on collecting spatial data, has raised $9 million in a seed funding round.
HashKey, Borderless, Crypto.com Capital, Animoca Brands, Gate Labs and Mapleblock Capital participated in the round as "key stakeholders," Vangrid co-founder and CEO Robert Brighton told The Block.
"The round combines financial investors with strategic partners who contributed infrastructure, technology and exchange relationships rather than only capital," Brighton said.
Vangrid started fundraising in August 2025 and completed the round through multiple tranches in January 2026, Brighton said, noting that it waited to announce until the network was live.
The seed round was structured as a simple agreement for future tokens, or SAFT, Brighton said, declining to comment on Vangrid's valuation. He also noted that no board seats were granted as part of the round.
