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The infrastructure company OpenMind in the field of AI has raised 20 million dollars in investments led by Pantera Capital.
According to Foresight News, OpenMind, a company focused on infrastructure for intelligent machines, has completed a funding round of $20 million. The round was led by Pantera Capital with participation from Ribbit, Sequoia China, an undisclosed exchange, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, Amber Group, and a number of well-known angel investors. The funds raised will be used to expand the engineering team and collaborate with more manufacturers to implement OM1 and FABRIC in areas such as autonomous driving, smart manufacturing, and elderly care.
OpenMind was founded by Stanford University professor Jan Liphardt and is engaged in creating a universal operating system and a decentralized network for collaborative work of intelligent machines, allowing robots from different manufacturers and form factors to safely exchange information and work together worldwide. The company's key products are the OM1 operating system and the FABRIC collaboration protocol: the former endows various robots with perception, adaptation, and action capabilities, while the latter provides cross-platform authentication and secure interaction.