Kite is led by PayPal and General Catalyst to raise $18 million
Source: PANews
Time: 2025-09-02 20:14:13
PANews reported on September 2 that according to Fortune, AI blockchain startup Kite announced that it had completed a US$18 million Series A financing, with leading investors including PayPal Ventures and General Catalyst, 8VC, Samsung Next, etc. Kite aims to build a blockchain infrastructure that supports communication between AI applications, with a total financing of US$33 million. Kite plans to provide identity authentication and trust mechanisms for AI agents through blockchain to promote the application of AI agents in scenarios such as automated shopping in Internet.