DePIN project Vangrid raises $9 million in token round to build spatial data network for physical AI
The Block2h agoUpdated 52m ago
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Vangrid contributors are currently paid bounties, Brighton said, noting that a token is planned for later this year.
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Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares. The post An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan appeared first on CryptoSlate.
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