MAGNE.AI secures $2.64M in funding to build edge AI devices and agentic payment infrastructure.
AI & Agents ·
MAGNE.AI has raised $2.64M in funding to develop edge AI devices alongside infrastructure for agentic payments and on-chain systems, according to reporting. The round supports the company's work in hardware and software layers needed for autonomous agents to operate economically on blockchain networks.
The investment reflects broader activity in AI agent infrastructure, where projects are building payment rails, wallet interactions, and transaction execution capabilities for autonomous systems. AI agents in crypto are evolving to hold on-chain identities and initiate transactions within defined or minimal human oversight, creating demand for corresponding infrastructure—from payment protocols to hardware devices that can operate at network edges.
The specific terms of the funding, lead investors involved, and timeline for product milestones remain undisclosed in available coverage.