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Reppo Labs Secures $2.2M in Funding to Revolutionize Collaboration Between Data Owners and AI Agents
Reppo Labs, a Crypto x AI company spun out of Protocol Labs Venture Studio in March 2024, has successfully secured $2.2 million in funding to develop critical infrastructure that enables permissionless collaboration on niche datasets between data owners/warehouses and AI developers and agents. This breakthrough will unlock new opportunities for innovative applications and business models.
Reppo is building an intent-centric Data Exchange, powered by Anoma and secured by Gateway Protocol, which aims to bridge the gap between off-chain data and AI systems. By doing so, Reppo’s innovation will make previously untapped data accessible to build practical AI/ML models and agents, addressing significant bottlenecks in industries such as insurance underwriting, node auditing, and SLA management for blockchain networks.
Brad Holden, Partner at Protocol VC, emphasized the team’s exceptional ability to contextualize and solve challenges they encountered during their time at Filecoin for the broader Web3 and AI ecosystem. “Their focus on making off-chain data accessible is critical for tackling these bottlenecks,” he noted. “Few teams take a systems approach to solving wicked problems like this, and it was a no-brainer for us to partner with Reppo.”
Notably, notable angel investors have also joined the cause, including Charles Songhurst, Lincoln from MH Ventures, Dieter Fishbein from Anoma, Thomas France (Ledger co-founder), Nicolas Pinto (Cygni Labs), and others.
The $2.2 million funding round included participation from Protocol Labs, CV VC, CMS Holdings, and a significant portion was raised on Echo.xyz, with the first allocation being sold out in less than 10 minutes.
Reppo’s mission is to democratize permissionless access to previously untapped data for AI developers and agents, empowering them to build whatever they desire. As a result, this innovative collaboration will enable the creation of groundbreaking projects that were previously unfeasible due to limitations in data availability.
About Reppo
Reppo is the permissionless coordination layer for AI Systems to collaborate with Data, Infra, and Capital, democratizing access to resources and empowering developers and agents to build whatever they desire.
Source: cryptonewsland.com
