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Artificial Intelligence Blockchain Startup Kite Completes $18 Million Series A Funding Round, Lead by PayPal and General Catalyst

By: theblockbeats.news|2025/09/02 13:12:27

BlockBeats News, September 2nd, according to Fortune report, artificial intelligence blockchain startup Kite announced the completion of a $18 million Series A financing round, led by PayPal and General Catalyst, with participation from 8 VCs, Samsung Next, and Alumni Ventures.

Kite's co-founder and CEO declined to disclose the valuation of the startup, as well as whether this financing round was purely equity financing or token-based convertible securities.

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