Paris-based stablecoin issuance infrastructure platform Kulipa has raised $6.2 million in a seed funding round led by Flourish Ventures and 1kx. The round, completed in December 2025, also saw participation from White Star Capital and Fabric Ventures, utilizing a SAFE structure. This follows a $3 million pre-seed round in July 2024, bringing Kulipa's total funding to $9.2 million.