BlockBeats news, August 4th, according to The Block, the robotics and AI startup OpenMind has completed a $20 million financing round, led by Pantera Capital, with participation from institutions such as Coinbase Ventures, Digital Currency Group, and Ribbit. The company is committed to achieving the interconnection of 'thinking machines' through open-source and decentralized technologies.
According to reports, this startup is developing a 'hardware-agnostic' operating system called FABRIC, aimed at supporting 'smart machines integrating into daily life.' This protocol provides a way for AI-supported robots to communicate and coordinate.
The company stated in a press release: 'This financing brings OpenMind closer to making robotic intelligence open, interoperable, and accessible like the internet. As more robots come online, FABRIC provides a trust layer that allows them to work together—regardless of who manufactured them or where they operate. Robots using FABRIC can understand where they are, who is nearby, and what to do next.'