Crypto project PlutonAI has closed a $2.7 million seed funding round, according to an announcement posted to its official X account on February 17, 2026. The round was led by Kitchen, a Web3-focused venture and advisory firm. Separately, blockchain AI marketplace HyperGPT is listed as providing incubation support, though no dollar amount was disclosed for that involvement.
PlutonAI has raised $2.7M in Seed + Private funding.
Led by @kitchenvc, with incubation support from @hypergpt, this milestone is a strong validation of our vision to become the gateway to #DeFAI which powered by agents.
This raise fuels:
⚡ Core platform development
🌐… pic.twitter.com/Y1OzUY9plW— PlutonAI (@PlutonAIHQ) February 17, 2026
What Is PlutonAI?
PlutonAI describes itself as a platform where users can build and deploy AI-powered agents through Telegram. The project operates under the DeFAI label a term used in crypto circles to describe the overlap of decentralized finance and artificial intelligence. Its native token trades under the ticker $PLAI.
According to its documentation, the platform integrates several third-party AI models, including GPT-4, Claude, Gemini, Llama, and DeepSeek. The project claims users can create agents without coding experience.
Who Are the Backers?
Kitchen is a Web3 venture and services firm. Its website lists offerings that include branding, tokenomics consulting, whitepaper development, fundraising support, and exchange listing assistance for crypto startups. It also operates a venture investment arm. Kitchen is credited as the lead investor in this round.
HyperGPT runs an AI-focused marketplace and an incubation program for early-stage Web3 projects. The firm, led by CEO Turan Can Ekmekçi, describes its incubation services as providing mentorship, tools, and funding support. Its role in the PlutonAI raise is listed as incubation rather than direct investment, and no fundraising figure was attached to its participation.
Stated Use of Funds
PlutonAI said the capital will be allocated toward three areas: core platform development, expansion of its agent ecosystem, and building what it called “scalable, production-ready AI infrastructure.” No further breakdown of the allocation was provided.
The Broader DeFAI Sector
DeFAI loosely defined as AI-powered tools built on or integrated with decentralized finance protocols has attracted attention over the past year as both AI hype and on-chain activity have picked up. Several projects have emerged in this category, each with varying levels of technical depth and adoption. PlutonAI is one of a growing number of entrants competing for attention in a space that remains early-stage and largely unproven at scale.
