THEA Raises $8 Million for Solana-Based AI Settlement Network

According to THEA, the company has closed an $8 million strategic funding round to advance Thea Network, a settlement layer for AI services built on Solana. The round included institutional investors Maven 11 Capital, Spartan Group, Manifold Trading, Fisher8 Capital, and Hack VC, alongside angel investors.

Thea Network uses an offchain compute architecture anchored to Solana with zero-knowledge proofs to coordinate AI service payments and settlements across distributed applications. THEA said the design enables horizontal scaling for request verification while maintaining blockchain-level integrity. The company confirmed no token or initial coin offering is currently planned.