Orthogonal raises $4.3 million seed round led by Pantera Capital

The AI agent infrastructure project says its platform lets software agents find tools, coordinate tasks and execute on-chain payments without human intervention.

Summary

Orthogonal has completed a $4.3 million seed round led by Pantera Capital, with backing from Y Combinator, Pioneer Fund, Decasonic, Blast Club, Outbound Capital, Rice Capital, Surreal by Premise and Batch Ventures (CTO Fund). The project is building AI agent infrastructure that allows software agents to discover capabilities, orchestrate tasks and make payments, with the aim of letting them dynamically access tools and carry out on-chain transactions without human intervention. The raise highlights continued investor interest in infrastructure that connects AI agents with blockchain-based payment and execution rails.

Terms & Concepts
  • AI agents: Software programs that can perform tasks autonomously.
  • on-chain transactions: Transactions executed and recorded on a blockchain.
  • seed round: An early-stage fundraising round for startups.