Escape Velocity Secures $62M to Support DePIN Infrastructure Initiatives

Escape Velocity's recent funding round highlights renewed interest from venture investors in infrastructure-focused crypto projects amid DePIN's challenges.

Escape Velocity has successfully raised $62 million aimed at bolstering infrastructure projects within the decentralized physical infrastructure networks (DePIN) sector. This funding round signals a notable resurgence of venture capitalists as they cautiously re-engage with infrastructure-centric cryptocurrency investments, particularly as DePIN seeks to progress beyond its initial token launches.