Circuit & Chisel, an agentic commerce platform, has raised $19.2 million in seed funding to launch ATXP, a web-wide protocol enabling AI agents to autonomously manage the commerce life cycle, from discovery to payment. This innovation aims to streamline business operations and drive efficiency in the digital economy.
Circuit & Chisel secures $19.2M in seed funding for ATXP protocol.
ATXP enables AI agents to handle commerce autonomously across the web.
Funding led by Primary Venture Partners and ParaFi Capital.
Backers include Stripe, Coinbase Ventures, and Solana Ventures.
ATXP supports instant, low-cost micropayments for AI-driven transactions.
The protocol aims to revolutionize agentic commerce and digital efficiency.
Circuit & Chisel announced a $19.2 million seed funding round led by Primary Venture Partners and ParaFi Capital, with participation from Stripe, Coinbase Ventures, Solana Ventures, Samsung Next, and Polygon Labs. Notable angel investors, including Solana founders Anatoly Yakovenko and Raj Gokal, also joined the round. This funding will support the development of ATXP, a protocol designed to enable AI agents to autonomously handle commerce tasks, positioning Circuit & Chisel as a leader in agentic commerce infrastructure.
ATXP is a groundbreaking protocol that allows AI agents to perform transactions, from discovery to payment, without human intervention. Comparable to HTTP for web browsing, ATXP provides a secure and efficient framework for AI-driven commerce. "We are on the cusp of a huge change in how the internet works," said Louis Amira, co-founder and CEO of Circuit & Chisel. The protocol supports real-time decision-making, nested transactions, and autonomous tool discovery, setting a new standard for digital transactions.
The protocol has garnered support from industry leaders like Matthew Prince, Co-founder and CEO of Cloudflare, who stated, "ATXP could be an important protocol to help ensure agent-initiated commerce is able to succeed in a secure and trusted way." ATXP’s ability to enable instant, low-cost micropayments addresses limitations in traditional payment systems, as noted by Emily Man, Partner at Primary Venture Partners. This capability is critical for scaling AI agent transactions across industries.
ATXP is poised to redefine commerce by enabling AI agents to initiate, negotiate, and execute transactions independently. "Circuit & Chisel is building the core infrastructure for autonomous agent transactions, connecting agentic commerce, stablecoins, and payments into one protocol," said Ben Forman, Founder and Managing Partner at ParaFi Capital. By streamlining workflows, ATXP unlocks new efficiencies for businesses and fuels the next wave of growth in the digital economy.
Circuit & Chisel, founded by former Stripe leaders Louis Amira and David Noel-Romas, is paving the way for a future where AI agents drive revenue-generating transactions. The launch of ATXP marks a significant step toward realizing this vision, offering businesses a faster, more efficient way to operate in an AI-driven world.
Circuit & Chisel is an agentic AI payments startup building the infrastructure to power transactions between intelligent agents. Backed by Primary VC, ParaFi Capital, and Stripe, Circuit & Chisel is developing ATXP, a new standard for agent-to-agent payments that supports real-time decision-making, nested transactions, and autonomous tool discovery. The company was founded by former Stripe and Google leaders with deep expertise in AI, crypto, and financial systems. Circuit & Chisel is enabling a future where AI can transact, discover, and operate independently, unlocking new efficiencies for businesses and accelerating the next wave of AI innovation. To learn more about Circuit & Chisel, please visit https://circuitandchisel.com/.
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