Saturday · October 24, 2026

 ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

Skynet Closes $1.2M Pre-Seed Funding to Build Resource Blockchain for Autonomous AI Agents

Skynet, a decentralized protocol enabling AI agents to autonomously access and pay for global services, has raised $1.2 million in pre-seed funding. Contributors include angel investors from GitHub, Polygon, Veracode, and Monotype. The funding will support the development of “The World’s Resource Blockchain™,” designed to empower AI agents to perform real-world tasks seamlessly.

Skynet aims to resolve critical barriers for AI agents, such as limited access to resources, fragmented systems, and human-dependent tasks like KYC, API credentials, and OAuth navigation. Vishnu Korde, Founder and CEO of Skynet, explained that businesses today are designing for human users, but the next big wave is designing for AI agents. Skynet’s resource blockchain enables agents to access services, execute payments, and engage with apps that would generally require human intervention.

The platform’s Smart Access Points allow AI agents to interact with services like Booking.com, AWS, Shopify, and more. These points eliminate the need for multiple wallets, gas tokens, or complex bridging mechanisms, enabling smooth cross-blockchain transactions.

Skynet’s infrastructure is built on Arbitrum’s Orbit chain, offering payment and tracking mechanisms that support real-life transactions, such as booking flights, managing portfolios, and purchasing services. The platform is designed for scalability, allowing AI agents to engage autonomously with global resources.

Venkat Yetrintala, CTO at Monotype, said Skynet is laying the groundwork for a future where AI agents can interact easily with resources across the globe and that they are trilled to support the company’s mission to change how businesses and AI interact.

Korde envisions a future where AI agents outnumber humans, acting as proxies for consumers. “By 2030, there will be at least as many AI agents as humans. These agents will be the new consumers, a challenge no organization is currently prepared to address,” he noted.

Skynet emphasizes its practical approach to advancing AI adoption, leveraging blockchain to enable autonomous AI-driven interactions while preparing businesses for the rise of the Agent Economy.

Ravikant Agrawal, Director of Growth at Polygon Labs, added: “Skynet is purpose-built to enable AI agents to perform real-world actions, a necessity that will only grow as the agent economy accelerates over the next decade.”

Developed by DeCloud Labs and built on Arbitrum Orbit, Skynet’s decentralized protocol provides AI agents with autonomous access to global resources. The platform supports interactions with web2 and web3 services, driving innovation across industries by fostering autonomy, scalability, and efficiency.

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

Trending today

closeup photo of 100 US dollar banknotes
Business & Markets

ASI Secures $325M Series C at $3B Valuation to Scale AI for Physical Infrastructure

Policy & Government · Regulation

Anthropic Faces Scrutiny Over Investor Stakes, Cloud Strains and Draft AI Safety Bill Ahead of Expected IPO

Business & Markets · Startups

Fort Robotics Secures $20M in New Funding Ahead of Planned Public Listing

Physical AI · Defence & Autonomous Systems

Reliable Robotics Raises Another $115M, Pushing Series D to $275M in Funding

An American flag with white stars on a blue field above red and white stripes
Policy & Government

U.S. Orders Federal Agencies to Remove DeepSeek AI Products Over National Security Concerns

The AI economy, every weekday morning

The daily briefing on LinkedIn. Free, one tap to follow.

Exclusives

Exclusive

South Korea’s AI G3 Strategy: Decoded

Scale-ups to Watch

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

network, blockchain, digital, hand, web, community, artificial, intelligence, steering, interfaces, bokeh, future, digitization, transformation, change, blockchain, blockchain, blockchain, blockchain, blockchain, transformation
Exclusive

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

AI Predictions
Exclusive

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

Scale-ups to Watch

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Business & Markets

Latest from the same section
Physical AI · Humanoids

Maxinsights Raises $30M Seed Round and Launches Physical AI Data Tools

20 hours ago
Business & Markets · Startups

Agility Robotics Standardizes Digit 5 on Nvidia IGX Thor Ahead of 2027 Rollout

21 hours ago
Business & Markets · Startups

Formic Raises $50M to Expand From Factory Automation Into General-Purpose Robotics

22 hours ago
Business & Markets · Startups

Fort Robotics Secures $20M in New Funding Ahead of Planned Public Listing

1 day ago

The AI economy, every weekday morning

The daily briefing plus the weekly Scale-ups to watch edition. Free, no spam, unsubscribe any time.