Vangrid completed a $9 million seed round financing, with participation from HashKey and others

Vangrid announced the completion of a $9 million seed round financing, with participation from HashKey, Borderless, Crypto.com Capital, Animoca Brands, Gate Labs, and Mapleblock Capital.

The main business of the project is to collect spatial data, where users collect geographic location data through smartphones and receive rewards. The data is sold to Physical AI developers, including robotics, autonomous agents, and digital model developers, after being 3D modeled and verified on-chain. Vangrid stated that its network is built on Base and uses Ethereum proof services to verify data batches, with public browsers showing that it has completed nearly 100,000 verification collections and over 1,300 batches of proof.