Nevermined
An enterprise-grade decentralized data sharing platform assisting consumers to publish, discover, buy, sell and access data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
* | $4.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Nevermined is a Swiss company positioning itself as a crucial financial infrastructure provider for the emerging AI-to-AI economy. Founded in February 2022 by Don Gossen (CEO), Aitor Argomaniz (CTO), and Dimitri De Jonghe (CIO), the team leverages extensive experience from their previous work at Ocean Protocol, a decentralized data exchange. Their collective background in machine learning, AI, Web3, and large-scale data federation informs the company's approach to building payment rails for artificial intelligence.
The company's core business is the development of a payment protocol that enables AI agents to transact directly with each other, a concept dubbed "AI-Commerce". This addresses a critical gap, as traditional payment systems were designed for static, human-led transactions and lack the dynamic flexibility required for autonomous AI interactions. Nevermined's platform provides AI developers with a suite of tools to monetize their applications, including managing payments, tracking usage, and creating credit systems. The system is designed to support variable pricing models and real-time compensation between AI agents as they discover, negotiate, and utilize each other's services.
Nevermined's business model revolves around providing this specialized infrastructure, abstracting away the complexities of Web3 to serve both crypto-native and traditional developers. The platform functions as a comprehensive finance and billing management system tailored for AI tools and agents. By utilizing Web3 technologies like smart contracts, the protocol facilitates seamless and autonomous transactions, positioning itself as a foundational layer for a future where trillions of AI agents participate in the economy. The company has secured significant funding to accelerate its go-to-market strategy, expand its team, and forge partnerships with key players in the AI ecosystem, including Olas, Naptha, peaq, and FLock.
Keywords: AI payments, AI-Commerce, payment protocol, AI agents, decentralized AI, Web3 payments, machine-to-machine economy, autonomous transactions, AI monetization, developer tools, Don Gossen, Aitor Argomaniz, Ocean Protocol, AI financial infrastructure, dynamic payments, usage tracking, agent-based economy, M2M payments, smart contracts, decentralized finance