Grand Cayman, Cayman Islands, January 17th, 2025,
Chainwire
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 that enables
permissionless collaboration on niche datasets between data
owners/warehouses and AI developers and agents. Using Reppo as a
connective tissue, AI agents can directly relay needs and negotiate
data access from owners across the spectrum without intermediaries,
unlocking price discovery and demand for data that would otherwise
remain siloed. 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 the incentive mechanism to ensure fair use and compensation for
data owners—who may not know the immediate value of their data—to
benefit from downstream revenue generated by derived IP and its
usage.
Raghav (RG) Rmadya, CEO and Founder of Reppo
Labs, commented
"Anyone claiming to build a blockchain specifically for
AI is most likely a scam. It's nothing more than a narrative play.
Most blockchains today can already support agentic workflows and AI
applications. The more likely future is that each agent or
application will have its own chain. In such a world, models,
agents, and applications will need permissionless ways to
self-source their fuel i.e. data to grow and stay relevant. The
days of spoon-feeding AI will soon be over.
Unfortunately, current data sources and pipelines are
drying up. Ilya Sutskever highlighted this problem at NeurIPS last
year, and the recent acquisition of Carbon by Perplexity
underscores the growing demand for novel data connectors in the AI
industry. Web3 has experimented with DataDAOs as a potential
solution, but they are yet to prove scalable. Not all data in the
world is user-owned; business-owned data is vast and often
untapped. For instance, DePIN node operators generate enormous
amounts of operational data that might seem mundane to some but is
gold to us.
Incentives for these data owners are completely
missing. When off-chain dark data becomes accessible to AI builders
and agents, amazing things can happen. One example is our work
incubating AI auditors for solar farms on the 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 starved for niche and
novel data—the 'good nectar.' Anyone building 'decentralized'
models or agents today either relies on the same on-chain data
streams, pre-cleaned and parameterized datasets, or centralized
LLMs trained on a mere 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 challenges they encountered during their
time at Filecoin for the broader Web3 and AI ecosystem. Their focus
on making off-chain data accessible to build practical AI/ML models
and agents is critical for tackling bottlenecks like insurance
underwriting, node auditing, and SLA management for blockchain
networks, especially for DePINs that we at Protocol VC are ultra
bullish on. Few teams take such a systems approach to solving
wicked problems and it was a no-brainer for us to partner with
Reppo. I’m ecstatic 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, and a significant portion was
raised on Echo.xyz, the first allocation being sold out in less
than 10 minutes. Notable angel investors include Charles Songhurst,
Lincoln from MH Ventures, Dieter Fishbein from Anoma, Thomas France
(Ledger co-founder), Nicolas Pinto (Cygni Labs) and
more.
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. Headquartered in Cayman Islands, the
team comprises global talent with deep expertise in AI/ML,
blockchain, crypto, and Web3 ecosystem.
Users can learn more at https://reppo.xyz/ and
follow Reppo on Twitter
(X) and LinkedIn.
Contact
CEO
RG
Rmadya
Reppo
Labs
rg@reppo.xyz