Nevermined provides AI payment infrastructure to enable AI-to-AI transactions, positioning itself as a 'PayPal for AI' that lets AI agents pay and get paid. Its protocol manages payments, usage tracking, and credit systems, acting as a finance and billing management platform for AI agents and tools. The company emphasizes variable pricing models and dynamic payment capabilities to address limitations of traditional payment systems in AI‑Commerce. Nevermined was launched by Don Gossen and Aitor Argomaniz, who previously built Ocean Protocol, and combines expertise in machine learning, AI, data, and Web3. It has partnerships with Olas, Naptha, peaq, FLock, and Combinder. The recent funding will be used to accelerate go‑to‑market, expand the team, and strengthen partnerships within the AI ecosystem. Nevermined provides a digital asset development platform that streamlines the creation, monetization and management of decentralized digital assets. Its modular platform includes components such as a Tokenization Engine, Marketplace Creator, Royalties Engine, Decentralized Access Control, a DAO Framework and DISC (Data In-Situ Computation) for remote computation. The company positions its technology to make Web3 accessible by enabling users to create and monetize digital assets and participate in a read-write-own vision of the web. Nevermined was founded by CEO Don Gossen, CTO Aitor Argomaniz and CIO Dimitri De Jonghe. The company raised €3M in a seed round and intends to use the funds to enhance its platform. The business is based in Zug, Switzerland.

Total raised

$7M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2025