
The Amsterdam-based DePIN project said the seed financing, structured as a SAFT, will scale its Base-based network for verified 3D geospatial data used in physical AI, robotics and defense.
Vangrid, an Amsterdam-based DePIN startup, has raised $9 million in seed funding through a SAFT to expand its Base-based network for verified 3D geospatial data used in physical AI, robotics and defense. Investors included HashKey, Borderless Capital, Crypto.com Capital, Animoca Brands, Gate Labs and Mapleblock. The company said the capital will help scale edge computing capacity and enterprise tooling for a smartphone-led mapping network that turns cameras and sensors into edge nodes, processes data on-device and then verifies it onchain. Vangrid said contributors already earn points on Base that can be converted into tokens at a future token generation event, while settlements are handled in USDC. It also has active VANGRID token contracts on Ethereum and Base, memorandums of understanding with data partners, engagement with defense and robotics platforms, and real-time transactions already running on the network. The project is entering a competitive DePIN and decentralized mapping market where investors have favored crypto networks tied to physical infrastructure, and where token conversion ratios, vesting terms and broader token economics are likely to draw scrutiny ahead of launch.