Naptha AI Raises $6 Million in Funding

by Kay Aloha Villamor in November 1st, 2024

Naptha AI, a Singapore-based cutting-edge platform that orchestrates multiple AI agents to optimize performance and drive innovation, has raised $6 million in pre-seed funding. 

Investors 

The round was co-led by Arche Capital and Cyber Fund, with participation from notable investors including Seed Club Ventures, Polymorphic Capital, GnosisDAO, and Halo Capital. 

Arche Capital is a venture capital firm based in Austin, Texas, focused on financing and guiding early-stage entrepreneurs, companies, and infrastructure projects in the financial services sector. The firm combines deep expertise in blockchain, AI, and financial services to support entrepreneurs from ‘zero to one.’

Cyber Fund is a venture capital and private equity firm that supports entrepreneurs working on blockchain, artificial intelligence, robotics, and other related technologies. The firm was founded in 2014 and is headquartered in Grand Cayman. 

About Naptha AI 

Naptha AI provides a platform for decentralized, multi-agent AI orchestration designed for the cybereconomy. Co-founded by Mark Schmidt and Richard Blythman, Naptha AI enables developers to build scalable, collaborative networks of intelligent agents that interact with personal and commercial economies. The platform’s unique decentralized architecture promotes smarter cooperation between heterogeneous AI agents, driving innovation and efficiency across industries. 

Funding Details 

Company: Naptha AI PTE. LTD. 

Raised: $6.0M 

Round: Pre-Seed 

Funding Date: October 2024 

Lead Investors: Arche Capital, Cyber Fund 

Additional Investors: Seed Club Ventures, Polymorphic Capital, GnosisDAO, Halo Capital 

Company Website: https://naptha.ai/  

Software Category: Multi-AI Agents Orchestration 

Source: https://www.businesswire.com/news/home/20241031911023/en/Naptha-AI-Raises-6-Million-to-Lead-the-Evolution-of-AGI-Towards-a-Web-of-Trillions-of-Cooperating-Agents

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