KITTL RAISES ANOTHER $36 MILLION FOR ITS BROWSER-BASED DESIGN TOOL

Summary from the TLDR Design newsletter

Kittl raised another $36 million just a year after raising $11.6 million during a Series B round led by IVP and including some existing investors. The startup intends to become the go-to tool for creating logos through its built-in illustration library and collection of copyright-free photos, t-shirt designs, cards, social media posts, and other media. It recently added AI-based features like AI background removal and image generation using Stability AI's and OpenAI's APIs as well as its own in-house technology.