# Fere AI announces $1.3 million in funding led by Ethereal Ventures.

*genai · news · 2026-05-05 · Livemint*

## Key points

- Fere AI has processed over 10 million autonomous agent actions across major digital asset markets.
- Fere agents have persistent memory and improve strategies using continuous reinforcement learning from real market data.
- Each Fere agent operates with its own wallet, requires no seed phrases, and is fully auditable.
- The platform is asset-class agnostic, enabling future expansion to equities, commodities, and derivatives.
- Funding will support development of an API for developers to build autonomous agents on top of Fere.

**Companies:** Ethereal Ventures, Galaxy Vision Hill, Kosmos Ventures, Fere AI

[Read the full story on Livemint](https://www.livemint.com/brand-stories/fere-ai-raises-usd-1-3m-to-develop-a-self-improving-trading-agent-platform-11777609218851.html)

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