CharacterX Raises $2.8M in Seed Funding

CharatcterX, a San Francisco, CA-based provider of a decentralized AI social network, raised $2.8M in Seed funding at a $30m valuation.

The round was led by Lightspeed Venture Partners, INCE Capital, and Spark Digital Capital. Investors also included CGV, ZC Capital, GRI, Fermion Capital, 84000LP, Fan Zhang, and others.The company intends to use the funds to enhance the interest in the Web3 and AIGC space.

A decentralized synthetic social network initiated by a Stanford team, CharacterX combines AGI technology with blockchain, which has over 500,000 users. For augmented social experience, CharacterX is developing advanced multi-modal AI architecture that inputs and outputs multi-sensory data, including 3D and AR experience in combination with next-gen computational platform. The company is also developing proactive AI agents specifically for social scenarios. With employment with ERC6551 for decentralized AI memories and consciousness management, it gives users personalized and authentic social experience while maintaining security and privacy.

They have recently launched CharacterX’s mobile applications for both Android and IOS, alongside a developer website, for users to create and build deep emotional attachment with AI beings.

Heartfelt congratulations to CharacterX on the outstanding achievement of raising $2.8M in seed funding! 🌟💼 Your creative vision and dedication have clearly resonated with investors. Wishing you continued success as you bring your unique characters to life. Here’s to a future filled with innovation and storytelling brilliance! 🚀💰 #CharacterX #SeedFundingSuccess

~ Dr Shishir said Gupta founder & CEO of StartupLanes 

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