AI Companion Platform Raises $3.9 Million in Funding, Aiming to Create Immersive Experiences

Recently, a company focused on a revenue-generating AI companion platform secured $3.9 million in funding. This round of financing was participated by several investment institutions, including well-known venture capital firms and family offices. Additionally, some important figures from the blockchain and cryptocurrency sectors also joined as angel investors in this round of funding.

The funds raised will be used to expand the team, particularly to bring in talent in AI and protocol development, and will also be used to expand new partnerships.

The company was founded in August 2023 by two co-founders who met at Stanford University, each having extensive experience in AI, crypto funds, and synthetic facial generation. The main goal of the company is to develop a new protocol to enable the financialization of on-chain AI assets.

The company's initial product was a simple image engine that offered a variety of image models, allowing creators to realize their ideas in different styles. This not only enabled users to access the latest technologies but also greatly simplified the image creation process. The product embodies the team's commitment to open source, decentralization, and user participation.

As the product quickly gained popularity among users, the team soon expanded the platform's features from images to customized role-playing and fantasy products. At the beginning of the third quarter of 2023, these new features were officially launched, and by the first quarter of 2024, the company introduced its flagship AI companion product.

Today, the platform has evolved into a user-friendly system that supports the creation of immersive AI companions. While there is a huge demand in the market for intelligent response robots, existing solutions are mostly limited to traditional text-based interaction modes. The company is committed to extending the experience to deeper modalities, such as video, voice, and even touch and AR/VR, with the goal of becoming the leading platform for creating the most realistic AI experiences.

Utilizing the latest generative AI and web3 technology, the platform allows users to create multimodal AI companions, which can be styled as realistic or animated. The platform is capable of understanding user intent and quickly responding with images or text, helping users customize characters and fantasy scenes. Currently, the platform supports generative AI video creation, and more in-depth video and voice features will be launched in the future. In the long run, users will be able to deploy their created AI companions on the blockchain, holding complete IP ownership and being able to profit freely from them.

Community members highly recognize the platform's ability to create entertaining and emotionally supportive content. A top creator stated: "The charm of this platform lies in its flexibility. Whether it's creating an ancient soldier traversing the jungle or an elegant virtual companion, it can be easily achieved. The role-playing feature has allowed me to establish a real connection with these AI companions."

Less than 9 months after launching its core companion product, the platform attracted over 500,000 users and showed strong growth momentum. In the context of seeking "consumer-grade crypto applications", the company successfully introduced users to the blockchain world by providing embedded wallets. Recently, the company also received grants from multiple blockchain foundations, which will help enhance users' on-chain interaction experience within the application.

Currently, all users, including the existing 500,000 users, can participate in the newly launched reward program. This program helps users familiarize themselves with the product features through various tasks, such as image and video creation or fantasy storytelling.