Catena Labs Secures $30 Million in Series A Funding

Catena Labs, an AI financial infrastructure company founded by Circle co-founder Sean Neville, has announced the completion of a $30 million Series A funding round. According to Odaily, the round was co-led by Acrew Capital and Andreessen Horowitz's a16z crypto, with participation from Breyer Capital, General Catalyst, and QED. Catena Labs focuses on building infrastructure for 'AI-native banks,' enabling AI agents to securely perform financial operations such as payments, transfers, and fund management. The company has also applied to the U.S. Office of the Comptroller of the Currency (OCC) for a New York State Trust Bank license to support payment processing and customer fund custody.