PANews reported on August 4th that OpenMind, a Silicon Valley-based intelligent machine infrastructure company, announced the completion of a $20 million funding round led by Pantera Capital, with participation fromPANews reported on August 4th that OpenMind, a Silicon Valley-based intelligent machine infrastructure company, announced the completion of a $20 million funding round led by Pantera Capital, with participation from

OpenMind raises $20 million in funding, led by Pantera Capital, to build an open collaborative network for intelligent machines

2025/08/04 21:07

PANews reported on August 4th that OpenMind, a Silicon Valley-based intelligent machine infrastructure company, announced the completion of a $20 million funding round led by Pantera Capital, with participation from Ribbit, Sequoia China, Coinbase Ventures, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, and Amber Group, as well as several prominent angel investors. Founded by Stanford University Professor Jan Liphardt, OpenMind is dedicated to building a universal operating system and decentralized collaborative network for intelligent machines, enabling robots of different manufacturers and forms to securely trust each other, share information, and work together globally. Its core products include the OM1 operating system and the FABRIC collaboration protocol: the former enables perception, adaptation, and action capabilities for various robots, while the latter provides cross-platform authentication and secure collaboration. Together, they create an open and secure "nervous system" for robots worldwide.

This round of funding will be used to expand the engineering team and collaborate with more manufacturers to apply OM1 and FABRIC to scenarios such as autonomous driving, smart manufacturing, and elderly care. Pantera Capital stated that OpenMind is building an open intelligent network for the robotics industry, with potential implications comparable to Linux for open source software and Ethereum for decentralized applications.

Market Opportunity
OpenLedger Logo
OpenLedger Price(OPEN)
$0.17195
$0.17195$0.17195
+6.77%
USD
OpenLedger (OPEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Semler Scientific founder: Special shareholders' meeting approving the proposed merger with Strive will be held on January 13.

Semler Scientific founder: Special shareholders' meeting approving the proposed merger with Strive will be held on January 13.

PANews reported on December 30th that Eric Semler, founder of the US-listed company Semler Scientific, issued a statement urging all shareholders to vote in favor
Share
PANews2025/12/30 08:23
Fed’s 25bps cut sparks Bitcoin repricing: October breakout ahead?

Fed’s 25bps cut sparks Bitcoin repricing: October breakout ahead?

The post Fed’s 25bps cut sparks Bitcoin repricing: October breakout ahead? appeared on BitcoinEthereumNews.com. Journalist Posted: September 18, 2025 Key Takeaways How is BTC reacting to the Fed’s rate cut? Bitcoin is grinding +0.72%, range-bound, with flows measured and a potential long squeeze in play. What’s setting up Bitcoin for year-end? Dovish Fed signals, seasonal tailwinds, and aligned macro flows keep BTC primed for a potential ATH. No parabolic moves, just Bitcoin [BTC] grinding +0.72% intraday as the FOMC delivers its first 25 bps cut of 2025. The tape is cautious, with range-bound action signaling traders are sitting tight. What’s the takeaway? Market participants are still sizing up Q4, with Fed Chair Powell’s mixed signals on future rate cuts keeping flows measured, as Matt Mena, Crypto Research Strategist at 21Shares, told AMBCrypto. “The cut itself was widely priced in – what mattered more was the Fed’s updated dot plot. Futures markets had been discounting only a 50% chance of 4–5 cuts through the end of next year.” He added, “While today’s 25bps cut provided the spark, it is the path implied by the dots – more than the cut itself – that may set the stage for Bitcoin to challenge new highs into year-end.” Fed’s dot plot shapes BTC’s long-term positioning Bitcoin traders are leaning on the Fed’s dot plot to size up positioning.  According to the latest projections, the Fed is signaling two more 25bps cuts by year-end, pushing the target range down to 3.50%–3.75% from 4.00%–4.25%. In short, Bitcoin’s long-term positioning remains dovish. Powell’s inflation caution capped the short-term squeeze, keeping the tape range-bound. Yet the dot plot shows most Fed officials leaning toward two more cuts, keeping BTC positioned to grind toward new highs by year-end. “The dots leaned more dovish, signaling the Fed is open to accelerating the pace of easing if conditions demand it. That repricing risk is now…
Share
BitcoinEthereumNews2025/09/18 22:27
Solana and Ethereum Stablecoins Gain Traction in Europe Amid Regulatory Scrutiny

Solana and Ethereum Stablecoins Gain Traction in Europe Amid Regulatory Scrutiny

The post Solana and Ethereum Stablecoins Gain Traction in Europe Amid Regulatory Scrutiny appeared on BitcoinEthereumNews.com. Ethereum and Solana stablecoins have
Share
BitcoinEthereumNews2025/12/30 08:15