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Fetch.ai (FET)

Fetch.ai (FET)

Decentralized agent network (ASI Alliance)

TokenLate StageAgentic AIEMEAWeb3
Founded2017
Headquarters🇬🇧 Cambridge
Employees51-200
Total Raised$62M
Last FundedDec 2024

About

Fetch.ai leads the Artificial Superintelligence Alliance (ASI), formed in March 2024 by merging with SingularityNET and Ocean Protocol into a combined $7.5B entity. CEO Humayun Sheikh serves as ASI Chairman. The FET token became ASI in July 2024. Built infrastructure for autonomous economic agents that can transact, negotiate, and coordinate without human intervention. Based in Cambridge, UK.

Key Facts

  1. [1]Founded: Founded in 2017 in Cambridge, United Kingdom.
  2. [2]Funding: Total funding: $62M. Last round: Dec 2024. Stage: Late Stage.
  3. [3]Employees: Employee count: 51-200.
  4. [4]Company Type: Token company (token-based project).
  5. [5]Web3: Web3 and blockchain technology company. Token-based project.
  6. [6]Website: Official website: fetch.ai.
  7. [7]AI Technology: Core AI/ML technologies: Agentic AI.
  8. [8]Region: Region: EMEA (United Kingdom).

Founders

H

Humayun Sheikh

Co-founder & CEO

T

Toby Simpson

Co-founder

T

Thomas Hain

Co-founder

AI Technology

Agentic AI

Autonomous AI agents that execute actions independently

Details

Last FundingDec 2024
Funding RoundGrowth
Age9 years
Country🇬🇧 United Kingdom
Websitefetch.ai

Frequently Asked Questions

What is Fetch.ai (FET)?

Fetch.ai leads the Artificial Superintelligence Alliance (ASI), formed in March 2024 by merging with SingularityNET and Ocean Protocol into a combined $7.5B entity. CEO Humayun Sheikh serves as ASI Chairman. The FET token became ASI in July 2024. Built infrastructure for autonomous economic agents that can transact, negotiate, and coordinate without human intervention. Based in Cambridge, UK. Fetch.ai (FET) is classified in the Crypto & Web3 segment at the Infrastructure layer of the financial AI stack.

Who founded Fetch.ai (FET)?

Fetch.ai (FET) was founded by Humayun Sheikh (Co-founder & CEO), Toby Simpson (Co-founder), and Thomas Hain (Co-founder) in 2017 in Cambridge, United Kingdom.

How much funding has Fetch.ai (FET) raised?

Fetch.ai (FET) has raised $62M in total funding, placing the company at the Late Stage stage. The most recent round closed in Dec 2024. Among 38 funded Crypto & Web3 companies, Fetch.ai (FET) ranks #18 by total capital raised. (Source: AIFI Map directory.)

What AI technology does Fetch.ai (FET) use?

Fetch.ai (FET) primarily leverages Agentic AI technology. Autonomous AI agents that execute actions independently. Within the Crypto & Web3 segment, 8 companies use this technology.

What market segment does Fetch.ai (FET) operate in?

Fetch.ai (FET) operates in the Crypto & Web3 and Trading & Markets and Research & Data market segments. AI-powered crypto and Web3 companies operate at the intersection of artificial intelligence, blockchain technology, and decentralized finance. This segment includes DeFi protocols enhanced by AI, crypto trading platforms, blockchain analytics tools, and the emerging category of on-chain AI agents. The company also has a footprint in trading & markets and research & data, reflecting its cross-functional approach to financial AI.

Where is Fetch.ai (FET) headquartered?

Fetch.ai (FET) is headquartered in Cambridge, United Kingdom. The company operates in the EMEA region. The team consists of 51-200 employees. United Kingdom is home to 33 financial AI companies tracked by AIFI Map.

Who are Fetch.ai (FET)'s competitors?

Companies similar to Fetch.ai (FET) in the Crypto & Web3 space include Stripe ($9.8B raised), Natural ($10M raised), Catena Labs ($18M raised), Virtuals Protocol (VIRTUAL) ($16M raised), VaderAI. These companies operate in related areas of financial AI: Stripe focuses on ai-powered payments platform with fraud detection. Natural focuses on payments infrastructure for ai agent transactions. Catena Labs focuses on building payment rails for ai agents. (Based on AIFI Map classification data.)

What products does Fetch.ai (FET) offer?

Fetch.ai (FET) builds infrastructure-layer solutions for the financial services industry. The company's core offering: Decentralized agent network (ASI Alliance). The platform is powered by Agentic AI technology.

Is Fetch.ai (FET) publicly traded?

Fetch.ai (FET) operates as a token-based project rather than a traditional equity-backed company. It is a Web3-native platform leveraging blockchain and decentralized finance.

Does Fetch.ai (FET) use Web3 or blockchain technology?

Yes, Fetch.ai (FET) incorporates Web3 and blockchain technology. Decentralized agent network (ASI Alliance). The project operates as a token-based platform. Fetch.ai (FET) is part of the Crypto & Web3 segment in the AIFI directory.