Kite Blockchain is pioneering the Agentic Economy a new layer for autonomous AI systems. The project's strength lies in its world-class team and powerful institutional backing.
The Core Team Founders and Expertise
Kite AI was co-founded by Chi Zhang the Chief Executive Officer and Scott Shi the Chief Technology Officer.
Chi Zhang CEO holds a PhD in AI from UC Berkeley. She previously led core data product development at Databricks and served as Chief AI Expert at dotData. Her background is a strong blend of AI and large-scale data systems.
Scott Shi CTO focused on real-time AI infrastructure at Uber and was a founding engineer for Salesforce Einstein. His expertise lies in scalable engineering and applied AI.
The broader team includes seasoned engineers and researchers from Uber Databricks Salesforce and NEAR Protocol. Their collective experience spans blockchain protocol engineering big data infrastructure and advanced AI machine learning. The team holds dozens of patents and has published papers in top-tier AI conferences demonstrating their deep technical prowess.
Strategic Financial and Corporate Backing
Kite Blockchain has secured substantial funding totaling over 33 million dollars including a major Series A round of 18 million dollars. This funding showcases massive institutional confidence.
Lead Investors
The Series A round was co-led by two influential entities:
PayPal Ventures
General Catalyst
This involvement signals a significant endorsement from both the traditional finance and premier venture capital sectors highlighting KITE potential to bridge Web3 with mainstream commerce.
Other Key Investors and Backers
Kite's impressive roster of supporters includes major names from both the crypto and corporate worlds:
• Samsung Next
• Coinbase Ventures
• 8VC
• Hashed and HashKey Capital
• Avalanche Foundation
• LayerZero
• Animoca Brands
• Vertex Ventures
This strategic blend of backers provides more than just capital. It brings deep domain expertise expansive network access and integration opportunities critical for building a foundation for the trillion-dollar AI agent economy. The project is built on the avalanche subnet architecture ensuring high-speed and reliable infrastructure for AI-driven transactions.
This combination of an experienced technical team and powerful institutional financial backing positions KITE Blockchain as a leading force in the development of the AI Payment Blockchain.
