Pantera Leads $20M Funding Surge for Decentralized Robot OS—Crypto Meets Robotics
Robots are getting a crypto-powered brain upgrade—and Wall Street didn’t see it coming. Pantera Capital just spearheaded a $20 million injection into a decentralized operating system designed to turn machines into autonomous, blockchain-native agents.
Why it matters: Forget clunky, centralized control. This OS lets robots make decisions, trade resources, and even earn crypto—all without human middlemen. It’s DeFi for droids.
The cynical twist: While traditional VCs were busy funding yet another SaaS startup, crypto’s playing chess. Who needs revenue when you’ve got a robot army mining tokens?
Blockchain could be key to robotics development
According to Nihal Maunder, partner at Pantera Capital, this approach “feels obvious in hindsight.” He explained that an open network is the key to moving the robotics industry forward.
“OpenMind is doing for robotics what Linux and ethereum did for software,” Maunder stated.
Linux is an open-source operating system powering almost all the servers that run the Internet. Thanks to its modular and open-source nature, any developer can adapt it to their exact needs.
This mirrors how smart contracts work on blockchains like Ethereum. As decentralized applications and smart contracts are open source, developers can easily build dApps that interact with a large number of others, enabling collaborative functionality.