Fetch.ai
Category: AI Agents
Fetch.ai is a decentralized machine learning platform that provides the infrastructure for building, deploying, and monetizing AI agents to automate tasks in the Web3 ecosystem. Fetch.ai was founded in 2017. The company is led by Humayun Sheikh. Based in Dubai, United Arab Emirates. Team size: 51-200. Total funding raised: $122 million. Latest round: Series C. Key investors include DWF Labs, GDA Group, Spark Digital Capital, Outlier Ventures, Bosch.
- Founded
- 2017
- Headquarters
- Dubai, United Arab Emirates
- Team size
- 51-200
- Total funding
- $122 million
Value proposition
To provide a decentralized, open-access platform where autonomous AI agents can perform complex tasks, share data securely, and create economic value for individuals, businesses, and the broader digital economy without the need for central intermediaries.
Products and solutions
Agentverse: A platform for creating and deploying AI agents., AI Agents: Autonomous software programs that can perform tasks on behalf of users or other agents., Fetch Wallet: A digital wallet for managing assets and interacting with the Fetch.ai ecosystem., DeltaV: An AI-powered search-based chat interface that allows users to interact with Fetch.ai's services and agents using natural language., Fetch Compute: A decentralized computing platform offering access to advanced GPUs for AI-focused tasks., FetchCoder V2: An AI coding assistant purpose-built for autonomous agent development, launched January 2026., ASI:One: A proprietary large language model powering Fetch.ai's agent ecosystem.
Unique value
Fetch.ai's uniqueness lies in its combination of blockchain technology with multi-agent AI systems. It creates a decentralized digital world where autonomous economic agents can find each other, negotiate, and execute tasks, effectively creating a decentralized economy of services.
Target customer
The primary target customers are developers, businesses, and organizations looking to build and deploy AI-driven decentralized applications and services. They also cater to the broader Web3 and crypto community.
Industries served
Decentralized Finance (DeFi), Supply Chain Management, Mobility and Automotive, Healthcare, Smart Cities and IoT, Gaming
Technology advantage
The core advantage is its agent-based modular platform, which allows for the creation of sophisticated, autonomous systems that can adapt and learn. The recent formation of the Artificial Superintelligence (ASI) Alliance provides a significant strategic advantage by combining the strengths of three leading decentralized AI projects, creating a more powerful and comprehensive ecosystem.
How they differentiate
Fetch.ai focuses on building a decentralized network of autonomous economic agents that can perform tasks, negotiate, and exchange value on behalf of individuals and organizations. This agent-based approach, combined with its own blockchain and AI tools, differentiates it from competitors who may focus more on decentralized data sharing or AI marketplaces.
Main competitors
SingularityNET, Ocean Protocol, Autonolas
Key partnerships
Bosch: Co-founded the Fetch.ai Foundation to promote industrial adoption of Web3 technology., Deutsche Telekom: Collaborating to advance AI and IoT solutions., SingularityNET & Ocean Protocol: Merged to form the Artificial Superintelligence (ASI) Alliance., Imperial College London: Launched the Fetch.ai Innovation Lab to research and develop AI agent technology., Alibaba Cloud: Partnered to provide cloud infrastructure, expanding Web2 and Web3 integration., Internet Computer (ICP): Collaborated on the 'NextGen Agents Hackathon' to build AI agents on decentralized cloud infrastructure.
Notable customers
Bosch, Datarella, IOTA
Major milestones
Formation of the Artificial Superintelligence Alliance (ASI) via a merger with SingularityNET and Ocean Protocol., Launch of Mainnet 2, enabling faster and more efficient transactions., Introduction of autonomous AI agents capable of performing complex tasks., Secured a $40 million funding round in March 2023, led by DWF Labs., Established a partnership with Bosch to launch the Fetch.ai Foundation and promote the adoption of Web3 technologies., Launched FetchCoder V2, an AI coding assistant for autonomous agent development (January 2026)., Announced the world's first AI-to-AI payment for real-world transactions (December 2025)., Launched ASI:One proprietary LLM for agentic AI applications.
Growth metrics
Fetch.ai has seen significant growth in its ecosystem, recently announcing the formation of the Artificial Superintelligence Alliance (ASI) through a merger with SingularityNET and Ocean Protocol. The platform has over 20,000 users and has launched a $10 million accelerator program to foster the development of AI agent-based startups.
Market positioning
Fetch.ai is positioned at the intersection of artificial intelligence and blockchain technology, aiming to create a decentralized digital economy. It provides an open-source, permissionless platform for developers to build and deploy autonomous AI agents, targeting a wide range of applications from DeFi to supply chain management and smart cities.
Geographic focus
While Fetch.ai is a global project with a decentralized nature, its operational headquarters are now in Dubai, UAE, with the Fetch.ai Foundation based in the Netherlands and research activities continuing in Cambridge, UK. The company has a strong presence in the Middle East, Europe, and is actively expanding its reach in North America.
Patents and IP
Fetch.ai has filed for multiple patents in the US and internationally for its innovations in AI and blockchain technology, including a patent for its digital advertising technology (BrandChoice) and another for its personalized dynamic rewards engine (DICE).
About Humayun Sheikh
Founding investor in DeepMind (acquired by Google), Founder of uVue and itzMe.
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Official website: https://fetch.ai
