Grand Cayman, Cayman Islands, January 17, 2025, PakGazette
Reppo Labs, a Crypto x AI company spun out of Protocol Labs Venture Studio in March 2024, has successfully raised $2.2 million in funding to develop critical infrastructure to enable permissionless collaboration on specialized data sets between data owners/storage and AI developers and agents. By using Reppo as connective tissue, AI agents can directly convey needs and negotiate data access to owners across the spectrum without intermediaries, unlocking price discovery and demand for data that would otherwise remain siled. To facilitate this, the team is creating an intent-centric data exchange, powered by Anoma and secured by the Gateway protocol.
Reppo’s unique approach leverages co-ownership of programmable IP as an incentive mechanism to ensure fair use and compensation for data owners (who may not know the immediate value of their data) to benefit from subsequent revenue generated by the Derived IP and its use.
Raghav (RG) Rmadya, CEO and Founder of Reppo Labs, commented
“Anyone claiming to build a blockchain specifically for AI is probably a scam. It’s nothing more than a narrative game. Most blockchains today can already support AI agent and application workflows. The future more It is likely that each agent or application will have its own In such a world, models, agents and applications will need permissionless ways to fuel themselves, that is, data to grow and remain relevant. The days of AI. he was spoon fed early they will end.
Unfortunately, current data sources and channels are becoming depleted. Ilya Sutskever highlighted this issue at NeurIPS last year, and Perplexity’s recent acquisition of Carbon underlines the growing demand for novel data connectors in the AI industry. Web3 has experimented with DataDAO as a potential solution, but they have not yet proven to be scalable. Not all data in the world is owned by users; The data owned by companies is huge and often goes untapped. For example, DePIN node operators generate huge amounts of operational data that may seem mundane to some but is gold to us.
Incentives for these data owners are completely lacking. When AI creators and agents can access dark data off-chain, amazing things can happen. An example is our work incubating AI auditors for solar parks at Glow Network. These auditors, trained entirely on off-chain data, automate and decentralize network audits that currently rely on centralized actors. The same applies to many other DePINs.
The Crypto x AI ecosystem is hungry for novel and specialized data – the “good nectar.” Anyone building “decentralized” models or agents today relies on the same on-chain data streams, pre-cleaned and parameterized data sets, or centralized LLMs trained on just 0.1% of the world’s data while competing in a zero sum game. It’s ironic, to say the least.”
Brad Holden, partner at Protocol VC, said:
“What excites us about Reppo is the team’s ability to contextualize and solve the challenges they encountered during their time in the broader Web3 and AI ecosystem. Their focus on making off-chain data accessible to build models and Hands-on AI/ML agents is critical to addressing bottlenecks like insurance underwriting, node auditing, and SLA management for blockchain networks, especially for DePINs, which we at Protocol VC are very optimistic about. take an approach of such systems to solve complicated problems and it was a no-brainer for us to partner with Reppo. I am excited about their mission to democratize permissionless access to previously untapped data for AI developers and agents.”
The $2.2 million funding included participation from Protocol Labs, CV VC, CMS Holdings, with a significant portion raised on Echo.xyz, with the first allocation selling out in less than 10 minutes. Notable angel investors include Charles Songhurst, Lincoln of MH Ventures, Dieter Fishbein of Anoma, Thomas France (co-founder of Ledger), Nicolas Pinto (Cygni Labs), and more.
About Reppo
Reppo is the permissionless orchestration layer for AI systems to collaborate with data, infrastructure, and capital, democratizing access to resources and empowering developers and agents to build whatever they want. Based in the Cayman Islands, the team is comprised of global talent with deep experience in AI/ML, blockchain, cryptography and the Web3 ecosystem.
Users can learn more and follow Reppo on Twitter (X) and LinkedIn.
Contactexecutive directorRG RmadyaReppo Laboratories[email protected]