NewCore raises $66M to give enterprise AI agents cryptographic identities of their own

NewCore emerged from stealth with a $66M seed round led by Cyberstarts — at a $300M valuation — and issues AI agents first-class cryptographic identities with their own permissions, lifecycle controls, and revocation, built from scratch rather than extending legacy platforms like Okta or Entra. The Agentic Skill integration gives coding agents — Claude Code, Codex, and Cursor — a managed-identity login path into corporate systems, replacing manually distributed credentials.

Source: techcrunch.com ↗

We know for sure that the scale and the complexity that those things [AI agents] are going to add to 15- or 20-year-old identity platforms are going to break them.

Zohar Alon, NewCore CEO

Why this matters

→ AI agents need native identity systems as they become workplace participants at scale
→ Legacy identity platforms built for humans will strain under autonomous agent deployment
→ First-mover advantage in agent governance before widespread enterprise AI adoption

Digital workers need digital identity