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[New Fundraising] Kite AI raised $18M Series A financing, led by PayPal and General Catalyst
Kite AI is an EVM-compatible L1 designed to power the AI economy. At its core is Proof of Attributed Intelligence (Proof of AI), an innovative consensus mechanism that ensures fair attribution and transparent rewards for contributors across agents, models and data.
More about Kite AI:
https://www.rootdata.com/Projects/detail/Kite%20AI?k=MTUyMDM%3D
Source:
https://fortune.com/crypto/2025/09/02/kite-ai-blockchain-paypal-general-catalyst-18-million/
BY RootData

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