Overview

• The Series A includes 8VC, Samsung Next, and Alumni Ventures, following a previously undisclosed seed and bringing total funding to $33 million.
• Kite, formerly known as Zettablock, is developing a blockchain designed to verify identities and enable trusted interactions between AI agents from different providers.
• An initial project aims to let users ask ChatGPT to find and purchase items from Shopify stores entirely through text.
• CEO Chi Zhang declined to disclose the company’s valuation or whether the financing involved equity only or token warrants.
• PayPal Ventures said agent-based applications remain experimental and emphasized the need for infrastructure before agents can scale.