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According to Fortune, crypto venture capital firm Escape Velocity has raised a new fund of $62 million, aimed at betting on decentralized physical infrastructure networks (DePIN). The fund will focus on investing in crypto networks that build physical infrastructure such as telescopes and solar energy. Escape Velocity was founded by former Goldman Sachs employees Mahesh Ramakrishnan and Salvador Gala, who previously received support from Marc Andreessen, co-founder of a16z.