TechFlow news, October 31 — According to The Block, Axal, a startup focused on developing autonomous agent networks, has announced the completion of a $2.5 million pre-seed funding round led by CMT Digital. Other participants include a16z Crypto Startup School, Escape Velocity, IDG Vietnam, and Artichoke Capital. Axal plans to use the funds to expand its team and launch its first product, Axal Autopilot—an autonomous agent-powered trading automation platform that offers personalized trading strategies, including price tracking, on-chain transaction execution, and yield management.
Axal founder Ash Ahmed stated that the company is committed to building verifiable autonomous agents that simplify users' lives through practical automation, rather than merely creating tokens or entertainment-focused products.
