Inworld AI, a developer platform for creating AI-driven virtual characters, announced that it closed a $50 million Series A funding round to bring richer social interactions to immersive worlds in gaming, metaverses, entertainment, and brand experiences.
Section 32 and Intel Capital led the round, with participation from Founders Fund, Accelerator Investments LLC, First Spark Ventures, Kleiner Perkins, BITKRAFT Ventures, CRV, Microsoft’s M12 fund, Micron Ventures, LG Technology Ventures, SK Telecom Venture Capital, NTT Docomo Ventures, and The Venture Reality Fund.
Since Inworld’s founding in July 2021, the company has raised a total of approximately $70 million, which includes the $50 million Series A, following pre-seed and seed rounds totaling nearly $20 million.
Company: Theai, Inc.
Raised: $50.0M
Round: Series A
Funding Month: Aug 2022
Lead Investors: Section 32 and Intel Capital
Additional Investors: Founders Fund, Accelerator Investments LLC, First Spark Ventures, Kleiner Perkins, BITKRAFT Ventures, CRV, Microsoft’s M12 fund, Micron Ventures, LG Technology Ventures, SK Telecom Venture Capital, NTT Docomo Ventures, and The Venture Reality Fund
Company Website: https://www.inworld.ai/
Software Category: Developer Platform
About the Company: Inworld AI is a developer platform for creating AI-driven virtual characters for gaming, the metaverse, VR/AR, and immersive experiences. Inworld’s founders pioneered conversational AI platforms and generative models at API.AI (acquired by Google and now known as Dialogflow), Google, and DeepMind. The company continues to build its talented team, with experts in generative language models, emotions, speech synthesis, multimodal interaction, design, and 3D animation. Inworld is funded by investors including Section 32, Intel Capital, Founders Fund, Accelerator Investments LLC, BITKRAFT Ventures, First Spark Ventures, The Venture Reality Fund, Kleiner Perkins, CRV, Meta, Microsoft’s M12 fund, Micron Ventures, LG Technology Ventures, NTT Docomo Ventures, and SK Telecom Venture Capital. Inworld was one of six companies selected for the 2022 Disney Accelerator.
Source: https://www.businesswire.com/news/home/20220823005339/en/Inworld-AI-Closes-50M-Series-A-to-Populate-Video-Games-and-the-Metaverse-with-Interactive-AI-Driven-Characters
Inworld AI Raises $50 Million in Series A
Inworld AI, a developer platform for creating AI-driven virtual characters, announced that it closed a $50 million Series A funding round to bring richer social interactions to immersive worlds in gaming, metaverses, entertainment, and brand experiences.
Section 32 and Intel Capital led the round, with participation from Founders Fund, Accelerator Investments LLC, First Spark Ventures, Kleiner Perkins, BITKRAFT Ventures, CRV, Microsoft’s M12 fund, Micron Ventures, LG Technology Ventures, SK Telecom Venture Capital, NTT Docomo Ventures, and The Venture Reality Fund.
Since Inworld’s founding in July 2021, the company has raised a total of approximately $70 million, which includes the $50 million Series A, following pre-seed and seed rounds totaling nearly $20 million.
Company: Theai, Inc.
Raised: $50.0M
Round: Series A
Funding Month: Aug 2022
Lead Investors: Section 32 and Intel Capital
Additional Investors: Founders Fund, Accelerator Investments LLC, First Spark Ventures, Kleiner Perkins, BITKRAFT Ventures, CRV, Microsoft’s M12 fund, Micron Ventures, LG Technology Ventures, SK Telecom Venture Capital, NTT Docomo Ventures, and The Venture Reality Fund
Company Website: https://www.inworld.ai/
Software Category: Developer Platform
About the Company: Inworld AI is a developer platform for creating AI-driven virtual characters for gaming, the metaverse, VR/AR, and immersive experiences. Inworld’s founders pioneered conversational AI platforms and generative models at API.AI (acquired by Google and now known as Dialogflow), Google, and DeepMind. The company continues to build its talented team, with experts in generative language models, emotions, speech synthesis, multimodal interaction, design, and 3D animation. Inworld is funded by investors including Section 32, Intel Capital, Founders Fund, Accelerator Investments LLC, BITKRAFT Ventures, First Spark Ventures, The Venture Reality Fund, Kleiner Perkins, CRV, Meta, Microsoft’s M12 fund, Micron Ventures, LG Technology Ventures, NTT Docomo Ventures, and SK Telecom Venture Capital. Inworld was one of six companies selected for the 2022 Disney Accelerator.
Source: https://www.businesswire.com/news/home/20220823005339/en/Inworld-AI-Closes-50M-Series-A-to-Populate-Video-Games-and-the-Metaverse-with-Interactive-AI-Driven-Characters