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Decentralized payments startup Nevermined raises $4M to unlock AI-to-AI agent commerce
Nevermined, a Swiss artificial intelligence payments startup, secured $4 million in a funding round led by Generative Ventures. This investment will fuel the development of its decentralized infrastructure for AI-to-AI transactions, aiming to establish Nevermined as the ''PayPal for AI.'' The company''s technology, built on Web3 principles, addresses the need for dynamic payment systems for autonomous AI agents, enabling them to engage in automated commerce and manage billing, subscriptions, and other financial aspects within the emerging AI economy.
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