🔵FrodoBots Completes $8 Million Financing, Set to Launch Crypto Robot Network BitRobot

DeThings, February 14 - According to an official announcement from FrodoBots, it has completed $8 million in financing and plans to launch the BitRobot network, which combines cryptocurrency and robotics technology, focusing on advancing Embodied AI. This financing round was led by Protocol VC, with participation from Big Brain Holdings, Fabric, Zee Prime Capital, Tioga Capital, Sfermion, Solana Ventures, and several founders of DePIN projects, including Solana co-founders Anatoly Yakovenko and Raj Gokal.
BitRobot will utilize a crypto incentive mechanism to gather computing resources, storage, manual operations, physical robots, and researchers to accelerate the development of Embodied AI, with plans to open-source some research results to benefit the robotics research community.