Tech Company Financing Transactions
Kaito Funding Round
Dragonfly Capital, AlphaLab Capital and Folius Ventures participated in a $5.3 million Seed funding round for Kaito. The financing round was announced on 2/21/2023.
Transaction Overview
Company Name
Announced On
2/21/2023
Transaction Type
Venture Equity
Amount
$5,300,000
Round
Seed
Investors
Proceeds Purpose
The capital will be used to scale the team and accelerate development of the product, Hu shared. "We're talking with OpenAI, Binance and Dragonfly for our next round.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
1100 Dexter Ave N,
Seattle, WA 98109
USA
Seattle, WA 98109
USA
Phone
Undisclosed
Website
Email Address
Overview
Kaito seeks to democratize information in crypto. We utilize advanced in-house AI technologies to transform terabytes of unstructured information into actionable insights for crypto investors, researchers, developers, and the general public. Kaito was founded by ex money-managers at Citadel, AI engineering leaders from Silicon Valley, researchers from academia, and seasoned blockchain developers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yu Hu
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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