Magical Tome announced it raised $40.4 Million in an initial filing from an offering of $43 Million

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Legal Name of Tome is Magical Tome, Inc. Tome is a productivity tool that provides an AI-powered storytelling format for transforming ideas into visually appealing narratives. When a user types in a prompt, Tome generates entire narratives from scratch or creates additional content pages within seconds. Tome gives designers the ability to produce complete visual narratives with cleverlayouts, writing, and images from a single prompt.