Kite secures $18 million in funding led by PayPal and General Catalyst
2025/09/02 20:12
PANews reported on September 2nd that, according to Fortune , AI blockchain startup Kite announced the completion of an $ 18 million Series A funding round, led by PayPal Ventures and General Catalyst , with participation from 8VC and Samsung Next . Kite aims to build blockchain infrastructure to support communication between AI applications, bringing its total funding to $ 33 million. Kite plans to use blockchain to provide identity authentication and trust mechanisms for AI agents, promoting their application in scenarios such as automated online shopping.
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