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Escape Velocity Raises $62 Million to Back DePIN Growth
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Ventureburn
Escape Velocity Confirms New $62 Million FundEscape Velocity has raised a $62 million fund.
These include networks for telescopes.
The firm added that the market still rewards real progress.
Tokens for several DePIN projects trade near lows.
More News: Outtake Raises $40M Series B to Secure AI-Native IdentitiesBuilding on DePIN MomentumRamakrishnan said the idea behind DePIN feels powerful.