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$PI OpenMind has completed a $20 million financing round, led by Pantera Capital, with participation from Coinbase Ventures, Sequoia China, and investment institutions like Pi Ventures under the Circle Network. The funds will be used for the development of the OM1 system and the FABRIC protocol, and to promote the implementation of scenarios such as industrial automation and smart cities.
Cooperate with companies like Dimo Ltd. to explore applications in smart transportation and urban management, and plan to launch the first prototypes of robotic dogs equipped with OM1.