Skyfire Systems, a San Francisco-based provider of AI payment networks, raised $8.5M in funding.

Notable backers include Neuberger Berman, Brevan Howard Digital, Intersection Growth Partners, and Ripple.

Funds will be allocated towards expanding operations and advancing development efforts.

Led by CEO Amir Sarhangi, Skyfire aims to facilitate autonomous transactions among AI agents, data platforms, and service providers through secure wallet access and verifiable Agent identity.

The company’s payment network supports instant transactions and AI commerce growth with an open payment protocol.