Participated · Seed · Oct 2024

Axal is developing a network of autonomous agents that execute user requests by generalizing intents into multistep actions and completing them on blockchain. The company uses an ecosystem of AI solvers that bid to execute request steps; successful actions are stamped on the blockchain to provide verifiable proof of correct execution. Many agents focus on monetary products within decentralized finance, enabling automated swaps, trades, and yield management. Axal’s first product, Autopilot, is a trading platform powered by these autonomous agents and begins by using user risk-assessment questions to allocate strategies. Autopilot lets token holders build strategies without tracking prices; the agents handle trades, swaps, and yield management automatically. Founder Ash Ahmed frames the product as combining intent abstraction, blockchain trust guarantees, and competitive agent markets. Axal plans to use new funding to expand its team and further develop the agent creation, coordination, and verification architecture.