August 27, 2024
Nectar AI, a platform for immersive AI companionship, has announced a $3.9 million funding round. The seed funding was co-led by Mechanism Capital and Karatage, with additional investments from Synergis, Maelstrom (Arthur Hayes), Builder Capital, Baboon, and Decima. Prominent angel investors include Tekin Salimi and George Lambeth (Dao5), Albert Chon (Injective co-founder), Charles Lu (Espresso Systems co-founder), Gabby Dizon (YGG co-founder), and other notable figures in the crypto industry.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Nectar AI | $3.9M | August 27, 2024 | Seed Round | Mechanism Capital, Karatage | AI |
The funds will be used to expand the team with key hires in AI and protocol development, as well as to enhance capacity for new partnerships and affiliates.
Nectar AI aims to enable users to create and interact with AI companions that are nearly indistinguishable from real-life. Utilizing the latest advancements in generative AI and web3, the platform allows users to create uncensored, multimodal AI companions in either realistic or anime styles. Users can deeply customize their characters, with the platform detecting user intent and responding with images or text almost instantly. The platform also supports generative AI video creation, with more advanced video and voice messaging features coming soon. In the future, users will be able to port their created companions onchain, granting them full IP ownership and the ability to monetize their assets without restrictions.
About Nectar AI
Nectar AI is a platform that allows users to create and interact with AI companions. These companions can be customized in great detail and can respond to user inputs with images or text almost instantly. The platform supports both realistic and anime styles, and it even offers generative AI video creation. Users can also own and monetize their AI creations. The goal is to make AI companions that feel very lifelike and provide immersive experiences.
Website: https://nectar.ai/
About Investor
The seed funding was co-led by Mechanism Capital and Karatage, with additional investments from Synergis, Maelstrom (Arthur Hayes), Builder Capital, Baboon, and Decima. Prominent angel investors include Tekin Salimi and George Lambeth (Dao5), Albert Chon (Injective co-founder), Charles Lu (Espresso Systems co-founder), Gabby Dizon (YGG co-founder), and others.
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