Pi Network Invests In OpenMiind’s $20M Vision for Humanoid Robots- Is It A Right Move?

Pi Network Ventures has contributed to OpenMind’s $20 million fundraising round for the creation of its humanoid robots. The network has taken its first major step after the launch of its venture capital fund.

Pi Network Ventures Joins OpenMind’s $20M Funding Round

Pi Network Ventures has officially joined a $20 million funding round for OpenMind, a fast-rising AI robotics startup building decentralized systems for intelligent machines. Other firms in the round included Pantera Capital, Coinbase Ventures, Ribbit Capital, and Sequoia China.

This move from Pi Network suggests the platform is shifting towards becoming a strategic capital player. It also shows a strategic step in the development of automation and machine cooperation driven by AI.

As CoinGape previously reported, Pi Network launched a $100 million venture capital fund aimed at backing real-world utility. By funding startups like OpenMind, Pi Network is showing its ambition to become a major force in AI.

OpenMind, a Silicon Valley-based company founded by Stanford professor Jan Liphardt, is building a universal operating system for robots, OM1. OM1 wants to create software that works with different robot brands, settings, and purposes, similar to how Android works for smartphones.

The company is also launching its FABRIC protocol. This protocol helps build trust, secures identity, and allows intelligent machines to work together in real time. Together, OM1 and FABRIC provide essential technology for areas like self-driving cars, elder care, smart manufacturing, and logistics.

Why It Matters for the Pi Ecosystem

The investment serves multiple purposes for Pi Network and its Pioneers. The investment strengthens the role of the Pi token. With more Pi partnerships and innovative ecosystems, its utility as a transactional layer grows, especially within emerging AI and intelligent service environments.

The move also opens the door for broader global collaborations. By backing OpenMind, Pi Network sets a new precedent for VC-supported partnerships with deep-tech startups worldwide.

However, while most in the Pi community celebrated the announcement, some members raised eyebrows. They highlighted that funds should instead focus on core network development or integrations within the Pi ecosystem. A pioneer raised their concerns, classifying this move as “alarming.”

Experts argue that this investment could be Pi Network’s method of fusing blockchain and robotics. This could mark the foundation for a system where decentralized technologies and intelligent machines work hand in hand.

In other developments, the Pi Core Team rolled out a major security upgrade after reports of wallet hacks. The wallet now features a Passkey option. This is a one-tap authentication feature designed to enhance account protection. With this update, users can now secure their accounts more easily. This follows Pi Network’s numerous updates, especially the Binance feature that led to rumours of a possible listing.