Fetch.ai
Fetch.ai company profile covering the overview, verified team, funding, and milestones.
fetch.aiFounded 2017
About
Fetch.ai is a next-generation platform built on blockchain technology. It aims to create a decentralized digital economy where autonomous agents can carry out real-world tasks for users, businesses, and machines. It brings together technologies like artificial intelligence (AI), machine learning (ML), autonomous agents, Web3, and blockchain interoperability. Within this system, software agents can learn on their own, communicate with each other, negotiate, and complete tasks in real time without constant human input. Key Features of Fetch.ai: • • A shared blockchain network where agents can find, interact, and transact with each other. • The Fetch.ai ledger enables secure transactions and micro-payments between agents using the FET token. • Turns natural language prompts into workflows by routing tasks to the right agents. • connects with multiple blockchains so agents can operate across different networks and data systems. • A decentralized marketplace where developers build, deploy, and monetize AI agents. Fetch.ai Milestones Year Achievements 2017 Established by Humayun Sheikh, Toby Simpson, and Thomas Hain to combine AI and blockchain into one ecosystem. 2019 The $FET token was launched through an Initial Exchange Offering (IEO) on Binance and raised $6M. 2021 It moved from Ethereum (ERC-20) to its own mainnet based on the Cosmos network for better interoperability and network performance. 2023 Received $40M funding from DWF Labs to speed up the rollout of autonomous economic agents. 2024 Announced a multi-token merger with SingularityNET and Ocean Protocol, forming the ASI Alliance. Saw a strong market cap surge after the Nvidia GTC conference and the broader AI market rally. 2025 Started a $100M initiative focused on securing high-performance GPUs like H100 and H200 for the decentralized network. Introduced the first native Web3 LLM, allowing on-chain AI model training and ownership. Showed the first autonomous AI-to-AI payment used for a real-world hotel booking.
Funding
- Seed RoundOutlier Ventures1,50,00,00001 Jun 2018
FAQs
- Fetch.ai is an AI and blockchain platform. It employs decentralized autonomous economic agents to handle tasks such as data sharing and supply chain optimization without human intervention.