Frodobots Secures $6 Million for Solana-Based Robotics Network BitRobot
Frodobots has secured $6 million in seed funding for the development of BitRobot, a Solana-based AI research network aimed at addressing challenges in robotics.
- Funding led by Protocol VC with participation from Big Brain Holdings, Solana Ventures, and co-founders Anatoly Yakovenko and Raj Gokal.
- Previous funding included $2 million in pre-seed capital.
- BitRobot will connect various robotics research subgroups through a shared token to enhance resource allocation and data availability.
- The project originated from building sidewalk robots for crowdsourced datasets including audio, video, and GPS data.
- Co-founder Michael Chung Yeung Cho aims to create foundational robotics models comparable to Tesla and DeepMind.
- Robotics developers currently face data scarcity; effective model training requires extensive real-world testing.
- BitRobot's architecture includes subnets for pooled resources, facilitating more efficient data generation across different robotic systems.
- A white paper detailing BitRobot's structure and tokenomics will be released shortly.