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In a significant move for the intersection of artificial intelligence and cryptocurrency, Mirai Labs has successfully closed a $4 million funding round led by Mechanism Capital. This investment marks a pivotal moment for the firm, bringing its total funding to date to an impressive sum. The round saw participation from notable investors including Oak Grove Ventures, Sophon Foundation, Selini Capital, Bitscale Capital, Manifold, Rubik Capital, Protagonist, and Lhava, among others, as reported by The Block.
Innovative AI solutions for cryptocurrency management
At the heart of Mirai Labs’ vision is Partnr, an innovative product designed to empower AI agents in executing consumer-facing cryptocurrency tasks. This groundbreaking tool aims to simplify the complexities of crypto management by allowing users to manage their wallets and tailor their experiences based on individual needs over time. Partnr not only facilitates these interactions but also connects trainable AI agents with consumers through its dedicated platform, Partnr Chat.
Enhancing user experience with Partnr Vaults
Moreover, Mirai Labs is set to introduce Partnr Vaults, which will enable seamless on-chain executions for both consumers and AI agents. This feature is expected to enhance the overall user experience by providing a secure and efficient way to manage digital assets. With the fresh influx of capital, the company plans to expand its engineering team, focusing on expertise in AI, machine learning, and the Rust programming language. This strategic move is aimed at accelerating the development and public launch of Partnr Vaults in the near future.
Vision for the future of AI in web3
Corey Wilton, Co-Founder and CEO of Mirai Labs, expressed enthusiasm about the funding, stating, “This funding allows us to move beyond the hype of AI and crypto and focus on what really matters — creating AI agents that deliver real, tangible value to users.” He emphasized that this investment will help accelerate Partnr’s vision, positioning AI agents as not merely features of web3 but as essential drivers of its adoption. By making cryptocurrency interactions more intuitive, personalized, and useful, Mirai Labs aims to redefine user engagement in the digital economy.
Mirai Labs is also known for creating the web3 horse racing game Pegaxy, showcasing its commitment to innovation in the blockchain space. As the company continues to evolve, it remains dedicated to delivering impactful solutions that resonate with users in the rapidly changing landscape of cryptocurrency.