fere_ai raises $1.3M seed

Fere AI said on April 23 that it raised $1.3 million to build autonomous trading agents for digital-asset markets. (markets.businessinsider.com) Ethereal Ventures led the round, and Galaxy Vision Hill and Kosmos Ventures also invested, according to the company’s announcement from Singapore. (markets.businessinsider.com) (marketchameleon.com) Fere says users type a goal in plain language, and the software researches, waits, executes trades, and adjusts over time. The company says the product is already live in digital assets. (markets.businessinsider.com) (index.vn) The company says its agents run across Ethereum, Solana, Base, Arbitrum, BNB Chain, and Polymarket, a crypto-linked prediction market. Fere says the system has processed more than 10 million autonomous actions. (index.vn) (theaiinsider.tech) The money is earmarked for platform development, broader market coverage, and better trading execution, according to the company and syndicating outlets that republished the release. (gate.com) (intellectia.ai) Fere’s pitch is that crypto is a natural test bed for agent software because markets trade around the clock and execution can be automated on-chain. The company says it plans to expand the same framework later to equities, commodities, and derivatives. (theaiinsider.tech) (markets.businessinsider.com) Co-founders Akshaya Aron and Pranav Prakash have been building AI systems together since 2014, according to the company’s release. That gives investors a team story to pair with a small but specific operating claim: 10 million agent actions already processed. (theaiinsider.tech) (markets.businessinsider.com) For now, the announcement is still mostly a company-issued funding release, not an independently audited performance report. But it shows investors are still writing early checks for AI tools aimed at crypto trading workflows. (markets.businessinsider.com) (coincarp.com)