FrodoBot raises $8 million to launch its crypto robot network BitRobot

According to FrodoBot's official announcement, it has completed $8 million in financing and plans to launch the BitRobot network that combines encryption and robotics technology, focusing on promoting the development of Embodied AI. This round of financing is led by Protocol VC, Big Brain Holdings、Fabric、Zee Prime Capital、Tioga Capital、Sfermion、Solana Ventures Waiting for investment, while Solana co founders Anatoly Yakovenko and Raj Gokal, as well as several DePIN project founders, participate in the investment. BitRobot will use encrypted incentive mechanisms to gather computing resources, storage, manual operations, physical robots, and researchers to accelerate the development of Embodied AI, and plans to open source some of the research results to give back to the robotics research community.