Nevermined raised $4M in a funding round led by Generative Ventures to accelerate the adoption of AI-Commerce by enabling AI agents to transact seamlessly.

Jan 10, 2025•11 months ago

Amount Raised

$4 Million

Round Type

seed

Zug

Investors

Ben Fielding From GensynMark Schmidt From NapthaRichard BlythmanOak From ValoryDavid MinarschArcaLyrik VenturesFactor CapitalHalo CapitalNearPolymorphic CapitalGenerative Ventures

Description

Nevermined has raised over $4 million to enhance its AI payment infrastructure aimed at facilitating transactions between AI agents. The round was led by Generative Ventures with participation from several notable investors. This funding will help drive the company's mission to build the financial systems necessary for the emerging AI economy.

Company Information

Company

Nevermined

Location

Zug, Zug, Switzerland

About

Nevermined is a Web3 company that provides tools to read, write and own your digital assets, founded by CEO Don Gossen, CTO Aitor Argomaniz and CIO Dimitri De Jonghe. They met while creating Ocean Protocol, the world’s first decentralized data marketplace. In 2019, they founded Keyko over a shared belief in the power of digital ecosystems. They helped a variety of organizations develop Web3 ecosystems, worth a combined value of $3 billion. In 2022, they decided to spin out Nevermined as a standalone technology platform. More info on https://nevermined.io/

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Nevermined raised $4M in a funding round led by Generative Ventures to accelerate the adoption of AI-Commerce by enabling AI agents to transact seamlessly.

Investors

Description

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Funding Insights

Company Information