**DePIN Market Takes Off with $2.2 Trillion Potential**

The decentralized physical infrastructure networks (DePIN) market is booming, valued at over $2.2 trillion. Startups are racing against major infrastructure providers, with many backed by Borderless Capital. Alvaro Gracia, a partner at Borderless, revealed their $100 million fund targets projects using commodity hardware, like smartphones, to simplify supply chains.

**Mawari Network Raises $10.8M**

Mawari Network, focusing on spatial computing, secured $10.8 million from investors like Borderless Capital and Samsung. The funds will enhance real-time immersive experiences on devices like Apple Vision Pro.

**Podeo Secures $5.4M for Podcast Platform**

Podcast platform Podeo raised $5.4 million to improve content discoverability and monetization. With over 50 million listeners, Podeo aims to expand its reach beyond traditional apps.

**Hemi Labs Gets $15M for Modular Blockchain**

Hemi Labs raised $15 million to develop a network integrating Bitcoin and Ethereum, aiming to enhance blockchain scalability and security.

**Darkbright Studios Raises $6M for RPG Game**

Darkbright Studios secured $6 million to develop Smolbound, a life simulation RPG blending Animal Crossing and Raft elements, set to launch in 2025.

**Tether Invests $1.5M in Sorted Wallet**

Tether invested $1.5 million in Sorted Wallet to enhance financial inclusion in Africa and Southern Asia, targeting users with basic mobile phones.

**SecondLive Raises $12M for AI-Powered Metaverse**

SecondLive, an AI-powered metaverse platform, raised $12 million to expand its virtual spaces and creator economy, serving over 5 million users.

**Movement Labs’ Startups Raise $13.2M**

Four startups from Movement Labs’ accelerator program raised a combined $13.2 million, focusing on DeFi, Consumer, and Gaming applications within the Movement Network.