Nectar AI raised $3.9M in a seed funding round co-led by Mechanism Capital and Karatage to scale its team and enhance partnerships.

Aug 26, 2024•12 months ago

Amount Raised

$3.9 Million

Round Type

seed

DoverNatural Language ProcessingMachine LearningArtificial IntelligenceSoftware

Investors

Gabby DizonCharles LuAlbert ChonGeorge Lambeth (Dao5)Tekin SalimiDecimaBaboonBuilder CapitalMaelstrom (Arthur Hayes)SynergisKaratageMechanism Capital

Description

Nectar AI has successfully raised $3.9 million in a seed round to expand its immersive AI companionship platform. The funding will support key hires and increase capacity for new partnerships.

Company Information

Company

Nectar AI

Location

Dover, Delaware, United States

About

Nectar AI is an immersive AI companionship platform that enables users to create and interact with AI companions that feel indistinguishable from reality. It leverages generative AI and web3 technologies to provide customizable multimodal AI companions in both realistic and anime styles. The platform facilitates creative storytelling by allowing companions to engage in dynamic narratives and experiences. Over 500,000 users currently utilize Nectar AI to craft rich, interactive AI-generated content.

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