Naptha AI Pte. Ltd.

Based in Singapore and founded in 2023 by co-founders Mark Schmidt (CEO) and Richard Blythman, Naptha AI Pte. Ltd. operates as a provider of a modular AI platform that enables developers to build, research, and scale AI applications with collaborative agent systems to improve performance. In October 2024, Naptha AI Pte.

Ltd. raised USD 6 million in pre-seed funding co-led by Arche Capital and Cyber Fund, with participation from Gnosis, Halo Capital, Polymorphic Capital, and Seed Club. Naptha AI Pte. Ltd.

offers a modular AI platform intended for the development and deployment of autonomous agents. Its core product, the Naptha SDK, enables developers to improve its existing multi-agent systems with advanced features, facilitating the creation of AI applications and conducting AI research. The platform supports a diverse range of agent frameworks, allowing for integration and upgrades. Key functionality includes the Naptha Hub, which hosts reusable modular components, allowing users to share and collaborate on agents, tools, and workflows.

This platform is particularly focused on improving performance in various applications, including collaborative AI networks and independent economic agents. The primary market for Naptha's products spans technology-driven sectors globally, with a notable presence in North America, Europe, and Asia. The company operates on a revenue model that includes subscription-based access to its SDK and modular components available through the Naptha Hub. Clients, primarily developers and organizations engaged in AI research, can subscribe to different tiers of service to obtain access to the platform's features and resources.

The transactions typically involve direct B2B engagements, with clients purchasing subscriptions to the SDK and accessing premium content or support services from the Naptha Hub. The funding will be utilized to further develop its artificial intelligence software technology. company aims to expand its market reach into South America and Africa by the end of 2025, targeting developers and organizations looking to innovate in AI.