AI agents are about to become the biggest users of stablecoins. Kite AI is the foundational layer making it real. ➦ @GoKiteAI just closed $33M in total Series A funding, with PayPal Ventures and General Catalyst leading the round. Now, why does this hold significance? It’s validation that PayPal is all-in on agentic payments through its partnership with Kite. The Head of PYUSD even called out Kite’s approach to powering AI-native payments. So what’s live now? Kite AIR. Think of it as the operating system for autonomous agents: ➢ Agent Passport → gives agents verifiable identity + guardrails ➢ Agent App Store → marketplace where agents discover & pay for services ➢ Programmable payments → all the AI-based payments will be potentially on Kite It’s already plugged into Shopify and PayPal, meaning agents can transact in real-world environments starting today. ➦ Behind this is a top-tier team from UC Berkeley, MIT, Harvard, Oxford, Salesforce, Databricks, Uber, Alibaba, and...
1/ We’re thrilled to announce our $18M Series A fundraise led by @PayPal Ventures and @generalcatalyst, bringing total cumulative funding to $33 million. This funding fuels our mission to build the foundational infrastructure for the agentic internet – providing unified identity, governance and native access to stablecoin payments that enable agents to authenticate, transact, and coordinate securely without intermediaries. We are incredibly grateful to our investors who support our mission: @PayPal Ventures, @generalcatalyst, @8VC, @SamsungNext, SBI US Gateway Fund, @vertexventures, @hashed_official, @HashKey_Capital, @DispersionVC, @AlumniVentures, @AvalancheFDN, @GSR_io, @LayerZero_Core, @animocabrands, @EssenceVenture, and @Alchemy. A special thank you to our phenomenal angel investors: @EvanWeb3 (Co-founder and CEO, MystenLabs), Hao Min (VP, Circle), @edwinaoki (SVP, Nasdaq; ex- PayPal CTO of blockchain), Frank Chang (VP, Uber), @navinblockchain (CEO, Crystal Intelligence; ex-...
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