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Pi Network Ventures Backs $20M Investment in OpenMind: A Strategic Leap into AI and Web3

HOKANEWS.COM

In a major development that signals the convergence of blockchain and artificial intelligence, Pi Network Ventures has officially joined a $20 million Series A funding round for OpenMind, a California-based startup building decentralized operating systems for intelligent machines. The round was led by Pantera Capital and included support from Coinbase Ventures, Ribbit Capital, Sequoia China, and Digital Currency Group (DCG).


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This investment marks a strategic expansion for Pi Network, which has evolved from a mobile mining platform into a key player in the infrastructure of decentralized technologies.

What Is OpenMind?

Founded by Stanford professor Jan Liphardt, OpenMind is developing two core technologies:

  • OM1: A universal operating system for robots, designed to work across brands, environments, and use cases—similar to how Android transformed the smartphone industry.

  • FABRIC Protocol: A decentralized identity and trust layer that enables secure, scalable collaboration between machines and humans.

These technologies target high-impact sectors such as autonomous vehicles, elder care, smart manufacturing, and logistics. With this funding, OpenMind plans to expand its team, scale its infrastructure, and position itself as a leader in the trillion-dollar robotics and AI market.

Why Pi Network Ventures Is Involved

Pi Network Ventures’ participation in this funding round is both symbolic and strategic. Known for supporting decentralized utility in emerging markets, Pi Network is now signaling its commitment to real-world applications beyond digital wallets and mobile mining.

Key motivations include:

  • Expanding Pi Coin’s utility: This investment opens the door for Pi Coin to be used as a transactional layer in robotic economies.

  • Aligning with Web3 principles: Both Pi Network and OpenMind emphasize decentralization, transparency, and user empowerment.

  • Entering the AI x Web3 frontier: Pi Network is positioning itself at the intersection of two transformative technologies—blockchain and artificial intelligence.

Implications for the Pi Ecosystem

For Pi Network’s community of over 60 million users, this move signals a future where Pi Coin could be used in smart factories, autonomous delivery systems, and intelligent service bots. It reinforces Pi’s long-term vision to be more than a mobile mining app and instead a foundational layer in the decentralized tech stack.

This investment also aligns with Pi Network’s broader strategy to support deep-tech startups and expand its influence in the AI-driven automation space.

OpenMind’s Vision and Synergy with Pi Network

OpenMind’s mission is to build a secure, modular, and decentralized operating system that allows any robot to interact seamlessly with other systems. Its blockchain layer, FABRIC, ensures that robotic actions are verifiable, traceable, and securely executed.

Pi Network’s decentralized ethos naturally complements OpenMind’s goals. Both platforms aim to eliminate intermediaries, empower users, and build trust through technology. With Pi Network Ventures now embedded in OpenMind’s ecosystem, the potential for innovation is immense.

A Broader Trend in Crypto Investment

This investment reflects a larger trend in the crypto industry—shifting from speculative trading to strategic investment in foundational technologies. As Web3 matures, the focus is increasingly on infrastructure, interoperability, and real-world utility.

Pi Network’s backing of OpenMind sets a precedent for future investments in deep-tech startups. It also positions Pi Network as a bridge between blockchain and next-generation automation.

Final Thoughts: Building the Future of Decentralized AI

As highlighted by crypto analyst @Mahidhar_Crypto, “The future belongs to people who adopt Web3 and AI innovations now.” Pi Network Ventures’ investment in OpenMind is a bold step toward that future—where crypto fuels intelligent machines and decentralized systems become the backbone of global innovation.

For the Pi Network community, this is more than a funding announcement. It’s a signal that the project is evolving, expanding, and preparing to play a central role in the next wave of technological transformation.


Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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