Vangrid Raises $9M for Spatial Data Network

Vangrid has pulled in $9 million in a new token funding round. The project focuses on building a spatial data network designed specifically for physical artificial intelligence applications.

At the moment, contributors working with Vangrid receive bounty payments for their efforts. Project leaders plan to launch a formal token later this year to expand the ecosystem and reward community participation.

Funding rounds for decentralized physical infrastructure networks continue to attract solid interest from investors. Market watchers will keep a close eye on the upcoming token launch and how the network scales its physical AI data collection.