Arcade acquires Smithery to control the agent tool supply chain
What's the deal? Arcade AI has acquired SmitheryDealroom has a profile for this one. Try Dealroom →, the public registry and hosting platform for Model Context Protocol servers. The deal was announced in August 2026, and neither company disclosed the price.
What each side does. Smithery helps developers discover, package and run MCP servers. Arcade provides a secure action layer for delegated authorisation, allowing agents to act for authenticated users with permission controls.
Who's joining. Smithery co-founder Anirudh Kamath is joining the Arcade AI team.
Why now? Enterprises are moving agents from pilots into production and need both a tool catalogue and a runtime that can authorise and audit actions. The acquisition combines those layers under one vendor.
The money. Arcade AI raised a $60 million Series A in June 2026, led by SYN VenturesDealroom has a profile for this one. Try Dealroom →, with strategic investment from Morgan StanleyDealroom has a profile for this one. Try Dealroom → and WiproDealroom has a profile for this one. Try Dealroom →, taking total funding to $72 million.
Read more: Yahoo Finance
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