Google for crypto: Seattle search engine startup Kaito raises $5.3M – GeekWire
Kaito, an AI-powered search engine that scours the internet for crypto-related topics, raised $5.3 million in a round led by Dragonfly.
The Seattle startup was founded in 2022 by Yu Hu, a former international equities trader at Citadel and investment banking analyst at Deutsche Bank.
Kaito solves a pain point in the current crypto space where information is scattered across the web in places like Twitter Spaces, Reddit forums, Discord, Medium and podcast transcripts, among others.
The idea is to create an AI-powered search engine that aggregates available information online around a certain crypto-related topic, similar to Google.
“The decentralized nature of the crypto industry has led to significant information overload and fragmentation across numerous channels, making it difficult for users to access and comprehend,” the company said in a statement.
TechCrunch first reported the funding.
The new tool comes at a time when news regarding crypto comes from a mix of influencers and…
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source: https://news.oneseocompany.com/2023/02/22/google-for-crypto-seattle-search-engine-startup-kaito-raises-53m-geekwire_2023022241039.html
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