MAGNE.AI, an AI-native hardware and on-chain intelligence infrastructure company, announced the completion of an additional $2.64 million strategic financing round, with participation from GAEA Ventures, Titans Ventures, and Go2Mars Labs. Combined with a previously disclosed $10 million raise, the company’s total publicly reported funding now stands at $12.64 million.
The new capital will support engineering validation and commercial rollout of the MAGNE AI BOX, a private edge computing device designed to handle local AI model inference, retrieval-augmented generation, and multimodal processing without relying heavily on centralized cloud infrastructure. Funding will also advance integration between the AI BOX and MAGNE’s blockchain-based infrastructure layers, MAGNE L1 and MHash L2, which are designed to manage device identity, authorization, and high-frequency AI-agent coordination and settlement.
Additionally, the company will continue developing MAGNE Agent Pay, a programmable payment system intended to support transactions between autonomous AI agents, applications, and digital services, including compatibility with the x402 payment standard. MAGNE.AI said the broader goal is to combine edge AI computing, secure hardware, and blockchain-based identity into a unified infrastructure stack addressing privacy, latency, and machine-to-machine payment challenges as autonomous AI agents become more prevalent.
The investors expressed continued support for MAGNE.AI’s expansion into edge AI infrastructure and agent-based payment systems as the company moves toward broader commercialization.
