This edition of Cointelegraph’s VC Roundup features Borderless Capital’s new DePIN fund, Mawari Network, Darkbright Studios, Hemi, Sorted Wallet, Podeo, SecondLive, and other startups.
The decentralized physical infrastructure networks (DePIN) market is just taking off. Estimated to be worth over $2.2 trillion, startups are already competing with large infrastructure providers.
Many of these startups are backed by Borderless Capital, one of the earliest venture capital companies to bet on decentralized infrastructure. In an exclusive interview with Cointelegraph, Alvaro Gracia, partner at Borderless, discussed how the fund plans to invest its just-launched $100 million fund.
“We’re looking very closely at projects that are based on commodity hardware,” said Gracia.
