$17M Funding Round Highlights Five New Crypto Projects to Watch

Recent funding rounds have identified five new crypto projects worth tracking for potential future rewards. Concrete, a DeFi vault protocol, has raised $17 million from investors such as Polychain Capital and YZi Labs. Its vaults automate yield generation and provide liquidation protection for depositors.

Axis Robotics is another notable project, which aims to build a compounding data engine for physical AI training. It has received $12 million in funding from Hack VC, Nomad Capital, and other investors. The platform already has over 100,000 contributors generating simulation and real-world training data every month.

Vangrid is a decentralized physical infrastructure network that rewards users for contributing real-world hardware or data. It raised $9 million in a token-based seed round from several prominent investors, including HashKey Capital and Animoca Brands. Users can participate through role assignments and bounty platform quests.