Borderless Capital Launches $100M DePIN Fund III

Borderless Capital announced on September 18 the launch of its third DePIN-focused fund with a $100 million investment goal. The fund aims to boost the development of Decentralized Physical Fracture Networks (DePIN) in the Web 3 space. This new fund will prioritize investments at the protocol level, reflecting Borderless Capital’s optimism about the future of DePIN.

Investment firm Borderless Capital introduced its third fund focused on Decentralised Physical Infrastructure Networks (DePINs). The fund will prioritize Web2.5 DePINs, Impact, and commodity DePINs. DePINs have emerged as the fastest-growing sector in crypto, allowing the maintenance of physical infrastructure by leveraging blockchain technology. Their decentralized nature enables investors to build applications, GPU clusters, and connectivity networks at a lower cost compared to Web 2.0 models.