Nevermined
Category: AI Infrastructure
Nevermined provides AI payment infrastructure, creating a decentralized payments protocol for AI-commerce. Nevermined was founded in 2022. The company is led by Don Gossen. Based in Zug, Switzerland. Team size: N/A. Total funding raised: $7 million. Latest round: Seed, $4.0M, 2025-01, led by Generative Ventures. Key investors include Generative Ventures, Polymorphic Capital, NEAR, Halo Capital, Factor Capital, Lyrik Ventures.
- Founded
- 2022
- Headquarters
- Zug, Switzerland
- Team size
- N/A
- Total funding
- $7 million
Value proposition
Enables seamless payments between AI agents, addressing challenges in AI-commerce.
Products and solutions
AI payment infrastructure, Decentralized data sharing platform
Unique value
Nevermined is developing a 'PayPal for AI' to enable seamless payments between AI agents.
Target customer
AI developers and organizations involved in AI-commerce.
Industries served
AI-commerce, Data sharing
Technology advantage
Combines deep expertise in machine learning, AI, data, and Web3 to solve AI-commerce challenges.
How they differentiate
Focus on AI-to-AI transactions and decentralized payment protocols.
Main competitors
Ocean Protocol, Fetch.ai, SingularityNET
Key partnerships
Olas, Naptha, peaq, Flock, Combinder, Superagent, Exa, Visa, Coinbase
Notable customers
Exa (AI search API using Nevermined for autonomous agent payments)
Major milestones
Raised $4 million to develop AI payment infrastructure
Growth metrics
Secured $4 million to expand AI-commerce infrastructure.
Market positioning
Emerging leader in AI payment infrastructure.
Geographic focus
Global, with a base in Switzerland.
Patents and IP
Not specified
About Don Gossen
Don Gossen is a seasoned entrepreneur and technologist with over 20 years of experience in data, analytics, and AI. Before founding Nevermined, he co-founded Ocean Protocol, a decentralized data exchange protocol, and served as its VP of Engineering. His expertise lies in building and scaling complex data systems and he has a strong background in Web3 and blockchain technologies. He has held leadership roles in several other tech companies, including Keyko and BigchainDB. His work focuses on creating decentralized solutions for data and AI monetization.
Official website: https://nevermined.ai