Catena Labs, a Boston, MA-based company developing financial infrastructure and services, raised $18M in funding.
Backers included Breyer Capital, Circle Ventures, Coinbase Ventures, CoinFund, Pillar VC, Stanford Engineering VF, and angels including Tom Brady, Bradley Horowitz, Hamel Husain, Kevin Lin, Peter Mattoon, Sam Palmisano, and Balaji Srinivasan.
The company intends to use the funds to accelerate the development of their AI-native FI and its technology.
Led by CEO Sean Neville and CTO Matt Venables, Catena Labs is developing new financial infrastructure and services to enable AI agents, businesses, and consumers to participate safely and efficiently in the growing AI-driven economy.
The company is building upon protocols, patterns, emerging standards, and open source components to address new requirements AI agents create for identity and payments. Today, Catena Labs released the open source Agent Commerce Kit (ACK), which defines several of these open source building blocks. The company is building on ACK and other emerging standards to offer a broad suite of licensed financial services addressing new risk, security, and compliance challenges that arise from AI systems working as independent economic actors.
FinSMEs
20/05/2025