The autonomous AI agent platform Olas in the cryptocurrency field has completed a $13.8 million financing round, led by 1kx

ChainCatcher news, according to The Block, the autonomous AI agent platform in the crypto space, Olas, has completed a $13.8 million funding round to support the launch of an "agent app store" called Pearl. This round was led by 1kx, with participation from Tioga Capital, Sigil Fund, Zee Prime Capital, Borderless, Keyrock, and others. The Olas team (also known as Autonolas) stated that the funds will be used to support its agent app store, aiming to democratize access to user-owned AI agents.

Along with the funding announcement, Olas also launched the Olas Accelerator program, which provides $1 million in grants and OLAS token rewards for developers building agents on the platform. Olas's tech stack includes Olas Stack and Olas Protocol, which incentivize the creation and co-ownership of AI agents. The team stated that it has facilitated over 3.5 million transactions from agents across nine blockchains.