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Binance Square Article: Kite raises $18M and accelerates the future of autonomous agents

KITE continues to strengthen its position in the ecosystem of autonomous agents with a raise of 18 million dollars in Series A, led by PayPal Ventures and General Catalyst. This operation brings the total funding for the company to 33 million dollars, confirming the growing interest in the agentic web.

Kite has developed Kite AIR, a solution that allows AI agents to have a verifiable identity, make payments in stablecoins, and access an App Store designed for services aimed at agents. Thanks to this system, platforms like Shopify and PayPal can already be integrated, allowing AI agents to make on-chain purchases with speed, traceability, and security.

The goal is clear: to create the infrastructure that will allow millions of autonomous agents to operate, pay, collaborate, and interact at machine speed. With near-instant transactions, no chargebacks, and very low costs, Kite paves the way for new economic models like micro-subscriptions, agent-to-agent billing, or automated commerce.

Supported by a team from Uber, Databricks, Salesforce, NEAR, and universities like UC Berkeley, MIT, and Harvard, Kite positions itself as a key player in the future automated economy.

The agentic web is coming, and KITE is building its foundations.

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