Crypto Search Engine Kaito AI Raises $5.3M Led by Dragonfly Capital

Kaito AI, an AI-powered search engine for crypto, announced it has raised $5.3m in a funding round led by Dragonfly Capital, with participation from Sequoia Capital China, Jane Street, AlphaLab Capital and others.

Kaito AI aims to build an AI-powered search engine for the crypto industry to aggregate the fragmented information in crypto into one place. Yu Hu, founder and CEO of Kaito AI, said, "Over the past 12 months Kaito has built one of the most extensive information databases in crypto. By combining this database and our in-house AI technologies with the advanced language models of ChatGPT/GPT-3, we aim to offer a far superior search experience compared to current alternatives in the market."