Escape Velocity has raised a 62 million fund. The venture firm said the capital will support decentralised physical infrastructure networks. These include networks for telescopes. They also include networks for solar energy. The firm said the fund targets projects that build real utility.
The founders said the raise shows strong interest in DePIN. They said investors still believe in decentralised models. They added that DePIN can support new peer-to-peer services. They also said the model can help reshape infrastructure in stages.
Escape Velocity said the raise gives it room to back new teams. It said the fund will support founders building long-term ideas. The firm added that the market still rewards real progress. It said the goal is to find projects that move beyond early hype.
