Insider Brief
- Xmaquina said it has raised more than $10 million through its onchain Genesis Auction model over the past year, aiming to broaden access to early-stage robotics investments beyond traditional venture capital channels.
- The DAO’s auctions were structured with uniform pricing and open participation, attracting nearly 2,000 contributors, including institutional funds and strategic angels, without preferential terms or insider access.
- With fundraising largely complete, Xmaquina is shifting focus to deploying capital into robotics companies, citing existing positions such as Apptronik and an approved proposal to pursue an allocation in Neura Robotics.
Nearly a year after its first Genesis Auction went live, Spain-based decentralize autonomous organization Xmaquina says it has raised more than $10 million through an onchain funding model designed to broaden access to early-stage robotics investments.
According to organization, the auction debuted in January 2025 with a straightforward goal: open participation in robotics capital formation beyond traditional venture circles. Instead of closed rounds and preferential terms, the Genesis Auction was structured as an onchain, open-access process with uniform pricing across participants, according to the company’s blog post.
Since launch, Xmaquina has run multiple auction waves, drawing nearly 2,000 contributors. Venture funds, strategic investors, and individual participants entered on equal terms, with no special allocations or early access. Xmaquina says that structure has remained consistent across each round, regardless of participant size or profile.
Institutional participants included crypto-focused investment firms such as Borderless Capital, Moonrock Capital, MH Ventures, Fundamental Labs, Waterdrip Capital, CoinIX, and Advanced Blockchain, among others. Strategic angels and advisors also participated, including executives and partners affiliated with Delphi Digital, Arkstream Capital, LD Capital, KuCoin Ventures, and former Cisco executives, according to Xmaquina.
The result, the company argues, is a rare attempt to level access in one of the most capital-intensive and historically closed segments of technology. Early-stage humanoid and advanced robotics companies typically raise funding through private venture rounds with limited transparency and restricted participation. Xmaquina’s model replaces that structure with a DAO-governed treasury and public, onchain funding mechanics.
With more than $10 million now raised, the organization says it is fully capitalized to continue acquiring minority stakes in robotics companies. Xmaquina points to its position in Apptronik, which it says has increased in value since entry, and to a recently approved proposal to pursue an allocation in Neura Robotics, where execution is now underway.
The portfolio, according to the Xmaquina, includes holdings already secured, investments in progress, and companies under active review. Decisions are made through DAO proposals, with contributors voting on treasury deployment and strategy.
The next phase shifts from fundraising to execution. Xmaquina says contributors should expect additional proposals for robotics investments, alongside initiatives tied to DAO-incubated protocols and platforms intended to expand the ecosystem and add utility to the DEUS token. The organization has also launched a contributor leaderboard that tracks participation across governance, content, bounties, and onchain activity, with token rewards allocated to top contributors during its first season.
