Investing in
the agentic
internet
The agentic internet is the next great economy — where billions of autonomous AIs, each with identity, reputation, and capital, will become the largest consumers of compute, data, and liquidity on earth — transacting, contracting, and creating value at machine speed across open financial rails.
Our venture studio backs the founders, networks, and products building the rails for this agentic internet.
What We Invest In
We invest at the intersection of AI and Web3, where agents become first-class economic participants.
Autonomous Intelligence Infrastructure
Decentralized compute, open model and inference networks, and data systems that give agents cheap, sovereign access to intelligence.
Trust, Identity & Coordination
Agent registries, identity and reputation systems, verification layers, and coordination platforms that let agents discover, authenticate, and work with each other safely.
Machine Commerce & Intelligence Markets
Payment rails, smart wallets, and markets where agents can pay for compute, data, and services — and where intelligence itself becomes a tradable asset.
Future of Work Systems
Agent-powered workflows, governance, and financial tooling that let organizations and contributors delegate real economic activity to autonomous software.
We don't just invest in protocols or standards on paper — we back the commercial layers that make them real: companies implementing and scaling things like decentralized compute, ERC-8004-style agent identity, and x402-like machine payment rails.
Why Now: The Shift to the Agentic Internet
The world is moving from centralized AI platforms to a decentralized, verifiable, and autonomous intelligence layer. Three forces are converging to make the agentic internet inevitable.
Technological Catalysts
Transformers → Agents
LLMs have evolved from copilots into autonomous agents capable of planning, reasoning, transacting, and executing workflows without human supervision.
Open-Source AI at Parity
Decentralized compute networks and open models have made high-quality intelligence accessible to anyone — eliminating Big Tech's monopoly on AI deployment.
Web3 as Trustware
Blockchains and smart contracts give agents a neutral substrate for identity, ownership, and verifiable behavior. This trustware validates inference, compute, agent actions, and intelligence resources — enabling safe, permissionless autonomy.
Structural Shifts in the Economy
Centralized → Decentralized Intelligence
Open source models, compute markets, inference networks and data proofs become open, sovereign, and verifiable across networks.
Platforms → Protocols
Open standards like MCP, x402, and ERC-8004 replace closed AI platforms — allowing agents to interoperate across systems.
Humans → Autonomous Consumers
Agents become the primary consumers of compute, liquidity, and bandwidth — creating new markets around machine-native demand.
How We Partner
We work with founders from:
- Day 0 – incubation, product and protocol design, early GTM
- Seed to Series A – capital, ecosystem integrations, and distribution through Gaia, Mother, Oasis, and our strategic partners
- Beyond – follow-on, syndicate coordination, and institutional relationships
We're operators first and investors second. We help portfolio teams connect into the broader agentic internet stack — compute, identity, payments, and markets.
Agentic Internet Fund I
Agentic Internet Fund I is our dedicated early-stage vehicle for this thesis.
The agentic internet is the next major platform shift — where autonomous AI agents become first-class economic participants, coordinating work, capital, and intelligence across decentralized networks.
Ethereum's programmable infrastructure provides the trust layer, settlement rails, and composability required for agents to operate at global scale. The fund invests in the foundational protocols and applications that will power trillions of agent-to-agent interactions by 2030.
Fund Snapshot
Target Size
$50M
Stage
Pre-Seed to Series A
Geography
Global
Strategic Ecosystem
Gaia, SIG, MoonPay, Bitgo, Linea, MetaMask, Bytetrade & more
Focus Areas
- Decentralized AI and inference infrastructure
- Agent coordination and identity systems using EIP-8004
- Machine commerce & x402 payment rails
- Intelligence markets and agent-powered applications
Ready to Build the Agentic Internet?
If you're building infrastructure, protocols, or applications for autonomous agents — from decentralized compute and intelligence markets to agent identity, machine payments, or entirely new primitives — EVM Capital partners early and deeply with founders shaping this new machine economy.