THEA Raises $8 Million to Build Solana-Based AI Settlement Network
Summary
THEA has closed an $8 million strategic funding round led by Maven 11 Capital and Spartan Group, with participation from Manifold Trading, Fisher8 Capital, Hack VC, and angel investors linked to Galois Capital. The capital will advance Thea Network, a federated settlement layer that connects AI models, humans, and AI agents through programmable payment and coordination rails. The network will use off‑chain compute anchored to Solana and secured with zero‑knowledge proofs, allowing parallel processing of independent requests while maintaining blockchain‑level integrity. By creating a trust‑minimized settlement system, THEA aims to reduce operational complexity for global AI payments and support distributed business models that settle requests across multiple systems without a single centralized intermediary. The company has clarified that it currently has no token or ICO planned, focusing instead on building the infrastructure needed for the emerging machine‑to‑machine economy.
(Source:Bitcoin News)