Skyfire Systems Raises $8.5M to Expand AI Payment Network
Skyfire Systems is pioneering the infrastructure needed to support AI-driven commerce, offering a seamless and secure payment network that empowers autonomous AI transactions across a wide range of services and platforms.
Company Name: Skyfire Systems
Location: San Francisco, CA
Sector: AI, Payment Networks
Funding Details: Raised $8.5 million in funding from Neuberger Berman, Brevan Howard Digital, Intersection Growth Partners, DRW, Inception Capital, Arrington Capital, RedBeard Ventures, Sfermion, Circle, FBG, Gemini, Crossbeam Venture Partners, EveryRealm, Draper Associates, ARCA, and Ripple.
Purpose of Investment: To expand operations and further development efforts for its AI payment network.
Product and Innovation: Skyfire, led by CEO Amir Sarhangi, has developed a payment network designed to facilitate fully autonomous transactions across AI Agents, large language models (LLMs), data platforms, service providers, and other goods and services. The platform is a critical infrastructure layer for AI commerce, providing secure wallet access, verifiable Agent identity, and an open payment protocol that enables service requests, purchasing decisions, and instant transactions without the need for human intervention.
About the Company: Skyfire Systems is pioneering the infrastructure needed to support AI-driven commerce, offering a seamless and secure payment network that empowers autonomous AI transactions across a wide range of services and platforms. By providing a robust operating layer for AI commerce, Skyfire is poised to become a key player in the rapidly evolving AI ecosystem.
