Kite AI Raises $18 Million in Series A Funding Round

Kite AI, an innovative company focused on AI-powered commerce solutions, has secured a significant $18 million Series A funding round led by PayPal Ventures and General Catalyst. This investment will significantly accelerate the development of its Agentic Internet infrastructure, enabling seamless merchant discovery across major platforms like Shopify. The move aims to revolutionize the way businesses connect with customers, bringing about mainstream adoption of AI-commerce solutions.