Pantera backs $20M for Openmind’s robotics decentralisation
Pantera Capital has led a $20 million investment round in AI robotics software firm Openmind.
The funding round also saw participation from Coinbase Ventures, Digital Currency Group, and other investors.
Openmind, founded by Stanford University Bioengineering professor Jan Liphardt, develops open-source solutions to tackle interoperability challenges in robotics.
Its flagship products, OM1 and Fabric, aim to create a unified system enabling robots from different manufacturers to share data.
OM1 functions as a robotics operating system, while Fabric serves as an open-source protocol for cross-robot communication.
The company believes robotics innovation is hindered by siloed ecosystems where machines cannot easily exchange knowledge.
Pantera describes Openmind’s software as a “missing layer” that could transform the multi-billion-dollar robotics sector.
The decentralised approach mirrors the impact Linux and Ethereum had on their respective industries.
Pantera Capital, founded by Dan Morehead in 2003, was among the earliest to launch a crypto venture fund in 2013.
Partner Nihal Maunder said open intelligence networks are crucial for enabling robots to operate collaboratively in open environments.
The investment signals growing convergence between blockchain technology and the robotics industry.
Openmind’s solutions could pave the way for decentralised, interoperable robotics infrastructure on a global scale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mars Morning News | SEC Expected to Issue "Innovation Exemptions" for the Crypto Industry in "About a Month"
The SEC is expected to issue an innovation exemption for the crypto industry. The UK "Digital Assets and Other Property Act" has come into effect. BlackRock's CEO revealed that sovereign wealth funds are buying bitcoin. Bank of America recommends clients allocate to crypto assets. Bitcoin selling pressure is nearing its end. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model continues to iterate.

a16z: Inefficient governance and dormant tokens pose a more severe quantum threat to BTC.
Deep Reflection: I Wasted Eight Years in the Crypto Industry
In recent days, an article titled "I Wasted Eight Years in the Crypto Industry" has garnered over a million views and widespread resonance on Twitter, directly addressing the gambling nature and nihilistic tendencies of cryptocurrencies. ChainCatcher now translates this article for further discussion and exchange.

