Mechanism Capital led a $4 million funding round for Mirai Labs, which makes up the firm’s total funding to date.
Oak Grove Ventures, Sophon Capital, Selini Capital, Bitscale Capital, Manifold, Rubik Capital, Protagonist, Lhava and other investors supported the round, according to a release shared with The Block.
Mirai Labs is developing a crypto-focused AI agent product called Partnr. Partnr lets AI agents execute consumer-facing crypto tasks such as managing wallets, learning the user’s needs over time. Partnr can connect trainable AI agents with consumers through Partnr Chat, as well as enable vaults for consumers and AI agents for onchain executions via Partnr Vaults.
The firm plans to bolster its team of engineers, specializing in AI, machine learning and programming language Rust, with its fresh financing, in addition to launching Partnr Vaults publicly in the near future.
“This funding allows us to move beyond the hype of AI and crypto and focus on what really matters — creating AI agents that deliver real, tangible value to users,” Mirai Labs Co-Founder and CEO Corey Wilton told The Block. “With this raise, we’re accelerating Partnr’s vision to make AI agents not just a feature of web3, but a core driver of its adoption by making crypto interactions more intuitive, personalized and useful.”
Mirai Labs is the creator of the web3 horse racing game Pegaxy.
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About Author
MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University’s Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.