Total amount raised
$78M
Latest funding date
2025-09-05
Location
Fetch.AI has successfully raised funds through 8 different funding rounds, attracting a diverse group of 8 investors, including notable names like Abhigyan Borah and BlockBase Ventures. The platform specializes in providing personal AI agents to help users manage everyday tasks, offering a marketplace called Agentverse for discovering and building intelligent agents.
Keep reading to explore the intricacies of Fetch.AI's fundraising journey and the investors backing this innovative platform.
What Is Fetch.AI?
Fetch.AI, based in Cambridge, Cambridgeshire, United Kingdom, operates in the fields of Artificial Intelligence, Blockchain, Cryptocurrency, Internet, Machine Learning, and Software. The company employs between 51-100 people and has been acquired by the Artificial Superintelligence Alliance.
Fetch.AI specializes in developing a decentralized network for digital representatives to find, communicate, and trade with each other. The platform offers personal AI agents to assist with tasks such as booking flights, making reservations, and managing schedules, and features a marketplace called Agentverse for building and discovering intelligent agents.
How Much Funding Has Fetch.AI Raised?
- Round Name: Seed
- Amount Raised: USD 15,000,000
- Date: June 2018
- Lead Investors: Outlier Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of Fetch.AI's decentralized network and AI agents, and to fund further technical development, corporate partnerships, and academic relationships.
- Round Name: Initial Coin Offering (Binance Launchpad)
- Amount Raised: USD 6,000,000
- Date: February 2019
- Lead Investors: Not publicly disclosed (public token sale on Binance Launchpad)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund the launch and initial operations of Fetch.AI's platform.
- Round Name: Venture Round
- Amount Raised: USD 5,000,000
- Date: March 2021
- Lead Investors: GDA Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's capabilities, build out existing and future applications, and increase market reach.
- Round Name: Venture Round
- Amount Raised: USD 40,000,000
- Date: March 2023
- Lead Investors: DWF Labs
- Valuation at Round: USD 250,000,000 (combined equity and FET tokens)
- Motivation Behind the Round: To deploy decentralized machine learning, autonomous agents, and network infrastructure.
- Round Name: Corporate Round
- Amount Raised: USD 10,000,000
- Date: April 2023
- Lead Investors: Bitget
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Strategic ecosystem partnership to enhance Fetch.AI's AI and blockchain capabilities via the Bitget Launchpad.
- Round Name: Undisclosed
- Amount Raised: Not publicly disclosed
- Date: October 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing development and expansion efforts.
- Round Name: Series B
- Amount Raised: Not publicly disclosed
- Date: August 2024
- Lead Investors: BlockBase Ventures (participant; lead undisclosed)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technological infrastructure.
- Round Name: Undisclosed
- Amount Raised: USD 2,000,000
- Date: September 2025
- Lead Investors: Abhigyan Borah
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop AI capabilities and expand market presence.
Total Amount Raised: At least USD 78,000,000 based on disclosed funding (additional rounds contain undisclosed amounts).
Current Valuation: USD 250,000,000 (as of March 2023 round; current valuation not publicly disclosed)
Key Investors
- Abhigyan Borah
- Details: Abhigyan Borah is the lead investor in the September 2025 undisclosed funding round for Fetch.AI, contributing USD 2,000,000.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Fetch.AI
- Bitget
- Details: Bitget is a global cryptocurrency derivatives and copy-trading exchange that pledged $10 million to foster the Fetch.AI ecosystem in April 2023 as part of a strategic partnership.
- Investment Focus Areas: Cryptocurrency, Blockchain, Trading
- Notable Investments: Fetch.AI
- BlockBase Ventures
- Details: BlockBase Ventures is a participant investor in Fetch.AI's Series B round (August 2024). Further details about the firm are not publicly disclosed.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Fetch.AI
- DWF Labs
- Details: DWF Labs is a multi-stage Web3 investment company and market maker of digital assets based in Singapore. They led the $40 million investment into Fetch.AI in March 2023 and support portfolio companies with cryptocurrency listing, market making, and OTC trading solutions.
- Investment Focus Areas: Web3 technologies, Digital assets, Cryptocurrency listing, Market making, OTC trading solutions
- Notable Investments: Fetch.AI
- GDA Group
- Details: GDA Group is a Toronto-based digital asset firm providing capital markets advisory and trading services. They invested $5 million in Fetch.AI via an OTC funding round in March 2021.
- Investment Focus Areas: Blockchain, Digital assets, Capital markets
- Notable Investments: Fetch.AI
- Outlier Ventures
- Details: Outlier Ventures is a venture capital firm specializing in blockchain and Web3 technologies. They led the $15 million seed round for Fetch.AI in June 2018, making them one of the earliest and most instrumental backers.
- Investment Focus Areas: Blockchain, Web3 technologies, Decentralized finance
- Notable Investments: Fetch.AI
What's Next for Fetch.AI?
Fetch.AI stands at the cusp of significant opportunities, driven by its recent $40 million funding round. The company aims to deploy decentralized machine learning, autonomous agents, and robust network infrastructure, creating a fertile ground for developers to build and monetize applications. This financial backing underscores the vast potential for growth in the AI and blockchain sectors.
Future fundraising opportunities appear promising as Fetch.AI continues to innovate and expand its platform. The substantial investment from DWF Labs and the growing interest in decentralized technologies suggest that additional funding rounds or strategic partnerships are likely. However, the company must navigate challenges such as competition, technical hurdles, and market adoption to fully realize its vision.
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