So, Kite just snagged a cool $18 million in Series A funding, led by none other than Paypal Ventures and General Catalyst – because why wouldn’t big money want in on this San Francisco magic? That brings their total haul to $33 million. Not bad for a startup that sounds like it used to have an identity crisis (hello, Zettablock).
Kite is basically building the “agentic web,” which sounds suspiciously like the web finally deciding to grow a personality and some serious trust issues. Today, they dropped Kite AIR – a fancy name for a nerdy cocktail of programmable agent identities, native stablecoin payments (because who trusts regular money nowadays?), and policies that keep your internet agents behaving. Think components like Agent Passport and an Agent App Store. Yes, apps for apps, because inception is now tech’s favorite pastime.
And because they’re not just playing in the sandbox, Kite AIR is already live and kicking with merchants on Shopify and Paypal. It lets these agents prove who they are, pay up, and do all their shady business onchain with millisecond speed and pocket-change fees. Investors also tossing cash at them include 8VC, Samsung Next, Vertex Ventures, and Animoca Brands – basically, the Avengers of venture capital. Next stop? World domination across commerce, finance, and data ecosystems. Buckle up, it’s gonna be a wild ride. 🚀
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2025-09-03 14:42