AI blockchain startup Kite completes $18 million Series A funding round, led by PayPal and General Catalyst

According to Odaily Planet Daily, artificial intelligence blockchain startup Kite announced the completion of an $18 million Series A funding round, led by PayPal and General Catalyst, with participation from 8 VC, Samsung Next, and Alumni Ventures. Kite's co-founder and CEO declined to disclose the startup's valuation or whether the funding was purely equity or token warrants. (Fortune)