Business
Circuit & Chisel Secures $19.2 Million and Launches ATXP, a Web-Wide Protocol for Agentic Payments
Circuit & Chisel, an agentic commerce platform, today announced $19.2 million in seed funding to launch ATXP, a web-wide protocol that enables AI agents to handle the commerce life cycle – from discovery to payment – without human oversight.
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[{"type":"text","content":"Founded by Stripe alumni, Circuit & Chisel has secured seed funding from Primary Venture Partners, ParaFi Capital, and Stripe to build technology that allows agents to seamlessly exchange payments across the internet","length":220,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, Sept. 22, 2025 /PRNewswire/ -- Circuit & Chisel, an agentic commerce platform, today announced $19.2 million in seed funding to launch ATXP, a web-wide protocol that enables AI agents to handle the commerce life cycle – from discovery to payment – without human oversight.","length":286,"tagName":"p"},{"type":"image","alt":"Circuit & Chisel","displaySize":"","headline":null,"caption":"Circuit & Chisel","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":49,"url":"https://media.zenfs.com/en/prnewswire.com/0bd0d247a5baa7198018db678ce1c5f2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZDTmzvcjnsgRyQNBiPzTTQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTg2O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/0bd0d247a5baa7198018db678ce1c5f2","width":400,"height":49}},"href":"https://mma.prnewswire.com/media/2777980/CC_Side_by_side_Light_BG_3x_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The round was led by Primary Venture Partners and ParaFi Capital with additional participation from Stripe, Coinbase Ventures, Solana Ventures, Samsung Next, and Polygon Labs. A select group of angel investors also participated in the round, including Solana founders Anatoly Yakovenko and Raj Gokal; Edith Cooper, a board director at Amazon and PepsiCo; Rich Widmann, Global Head of Strategy for Web3 at Google Cloud; Michael Tannenbaum, CEO of Figure; and Arjun Sethi, Co-CEO at Kraken. Additionally, leaders across multiple industries are already excited about ATXP and its capabilities.","length":590,"tagName":"p"},{"type":"text","content":""At Cloudflare, we're committed to building an open Internet, and that's more important than ever as AI and agents take off," said Matthew Prince, Co-founder and CEO of Cloudflare. "ATXP could be an important protocol to help ensure agent-initiated commerce is able to succeed in a secure and trusted way. As an early supporter of MCP and agentic AI, we support new protocols and innovation helping to further the agentic web."","len...