AI Blockchain Infrastructure Kite Raises $18 Million From PayPal Ventures, General Catalyst in Series A

OnChainSleuth · 2025-12-20T10:07:48+00:00

Kite, an AI blockchain startup, raised $18 million in Series A funding, totaling $33 million. Its focus on decentralized identity verification aims to enhance AI applications in online shopping, addressing trust and security in digital transactions.

OnChainSleuth

2025-12-20 10:07:48

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Kite, an artificial intelligence blockchain infrastructure startup, has successfully closed an $18 million Series A funding round with backing from PayPal Ventures and General Catalyst, according to Fortune’s reporting. The funding round also welcomed investments from 8VC and Samsung Next, bringing the company’s cumulative capital raised to $33 million.

The startup is focused on leveraging blockchain technology to establish decentralized identity verification and trust frameworks for autonomous AI agents. By creating interoperable communication channels between different AI applications, Kite aims to expand the practical deployment of intelligent systems across various industries.

One of the key use cases driving Kite’s development involves automating online shopping experiences through trustless AI agents. The blockchain-based infrastructure enables these agents to securely conduct transactions and interactions without requiring traditional intermediaries. This approach addresses growing concerns about verification and authentication in AI-driven commerce, making it particularly relevant for users and businesses alike—considerations that parallel broader discussions about digital age verification and secure transaction protocols in fintech services like those offered by PayPal and similar platforms.

Kite’s vision represents a broader industry push to combine artificial intelligence with blockchain’s transparency and security features, positioning the startup as a key player in the emerging AI-infrastructure ecosystem.

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