Grand Cayman, Cayman Islands, January 17, 2025, PK Press Club
Reppo Labs, a Crypto x AI company spun out of Protocol Labs Venture Studio in March 2024, successfully raised $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. Using Reppo as connective tissue, AI agents can directly relay the needs and negotiate access to data from owners across the spectrum without intermediaries, unlocking price discovery and demand for data that would otherwise remain siled. To facilitate this, the team is building an intent-centric data exchange, powered by Anoma and secured by Gateway Protocol.
Reppo’s unique approach leverages programmable IP co-ownership 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 revenue in downstream generated by the derived intellectual property and its use.
Raghav (RG) Rmadya, CEO and Founder of Reppo Labs, commented
“Anyone claiming to build a blockchain specifically for AI is most likely a scam. This is nothing more than a narrative game. Most blockchains today can already support agent and workflow workflows. AI applications The most likely future is 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 to say in data, to grow and stay relevant The days of spoon-fed AI will soon be over.
Unfortunately, current data sources and pipelines are drying up. Ilya Sutskever highlighted this issue at NeurIPS last year, and Perplexity’s recent acquisition of Carbon highlights the growing demand for new data connectors in the AI industry. Web3 has been experimenting with DataDAOs as a potential solution, but they have yet to prove scalable. Not all data in the world belongs to users; data owned by companies is vast and often untapped. For example, DePIN node operators generate enormous amounts of operational data that may seem trivial to some but are worth gold to us.
The incentives for these data owners are completely lacking. When off-chain dark data becomes accessible to builders and AI agents, amazing things can happen. One example is our work incubating AI listeners for solar farms on the Glow network. These auditors, fully trained in off-chain data, automate and decentralize network audits which currently rely on centralized actors. The same goes for many other DePINs.
The Crypto x AI ecosystem is hungry for niche and new data, the “good nectar”. Anyone building “decentralized” models or agents today either relies on the same on-chain data feeds, pre-cleaned and parameterized datasets, or centralized LLMs trained on just 0.1% of global data while participating 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 have encountered during their tenure for the broader Web3 and AI ecosystem. Their goal of making off-chain data accessible to build practical AI/ML models and agents is key to tackling bottlenecks such as insurance underwriting, node auditing, and SLA management for blockchain networks, especially for DePINs which we at Protocol VC are ultra bullish on. Few teams take such a systemic approach to solving serious problems and this was a challenge. It is obvious for us to partner with Reppo. I’m excited about their mission to democratize permissionless access to previously untapped data for developers and AI agents.
The $2.2 million funding included participation from Protocol Labs, CV VC, CMS Holdings, and a significant portion was raised on Echo.xyz, with the first allocation being exhausted 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 coordination layer allowing AI systems to collaborate with data, infrastructure and capital, democratizing access to resources and allowing developers and agents to create what they desire. Based in the Cayman Islands, the team includes global talent with deep expertise in the AI/ML, blockchain, crypto and Web3 ecosystem.
Users can learn more and follow Reppo on Twitter (X) and LinkedIn.
ContactCEORG RmadyaReppo Laboratories[email protected]
