Market & RegulationInvestment · $35M
Baselayer Raises $35M for AI Agent Identity Verification
Crunchbase Newshigh confidence
Why it matters
- →Baselayer is building the identity infrastructure layer required for autonomous agents to participate in commerce.
- →The startup leverages an existing network of 2,000+ financial institutions to accelerate adoption of agent credentials.
- →This addresses a critical trust gap where legitimate AI agents risk being blocked as fraud without verifiable identity.
Baselayer has secured $35 million in Series A funding led by M13 to expand its identity verification technology into the realm of AI agents. The startup, which already serves over 2,000 financial institutions for business identity checks, is launching an Agentic Identity Suite designed to verify that autonomous software is authorized to transact on behalf of a specific entity. Co-founders Jonathan Awad and Timothy Hyde argue that without standardized credentials, legitimate agents will be blocked by fraud filters while bad actors scale attacks using AI. The company aims to establish a 'Know Your Agent' standard in partnership with payment processors like FIS and Socure.
Read originalMore from Crunchbase News
More in Market & Regulation
© The AI Daily BriefMarket & Regulationbusiness
Scott Bessent Rejects Liability Shields for AI Labs
US Treasury Secretary Scott Bessent has publicly rejected the idea of providing liability shields to artificial intelligence laboratories.
The AI Daily Brief
Investment · $189M
Market & Regulationbusiness
Verda raises $189m for cloud infrastructure
Verda has secured $189 million in a funding round led by Emergence Capital, signaling strong investor appetite for next-generation cloud infrastructure. While the specific technical architecture of Verda's platform remains under wraps in this brief, the size of the raise suggests a significant bet on optimizing cloud operations or reducing costs. This capital injection positions the early-stage startup to scale rapidly against established incumbents in the crowded cloud management space. The deal underscores continued venture confidence in foundational infrastructure plays despite broader market cooling. Investors are betting big that Verda can solve the fragmentation problem in modern cloud stacks. With this war chest, they can finally compete with legacy providers on price and performance. The real test will be whether their tech actually delivers on those promises.
Sifted
© GitHub ChangelogMarket & Regulationother
GitHub deprecates SHA-1 SSH keys, adds post-quantum crypto
GitHub is finally killing the legacy ssh-rsa signature type that relies on broken SHA-1 hashes, forcing a shift to stronger rsa-sha2 signatures. Simultaneously, they are introducing mlkem768x25519-sha256, a post-quantum key exchange method, signaling early adoption of quantum-resistant standards in mainstream developer infrastructure. This isn't just a security patch; it's a forced modernization that renders older Git clients and SSH libraries obsolete for GitHub Enterprise users. The move effectively ends the era of weak cryptographic defaults for one of the world's largest code hosting platforms.
GitHub Changelog