rct AI Closes $10 Million+ in Series A-3  

by Kay Aloha Villamor in November 10th, 2021

rct AI, a Los Angeles, CA-based provider of AI solutions for the video game industry, completed a $10 million+ Series A-3 funding.

Backers included Yuanyuzhou Ventures, Spring wind Ventures, Galaxy Interactive, Bonfire Union, Everest Ventures Group, FBG Capital, Folius Ventures, Hash Global, HashKey Capital, Mr. Liang Xinjun (co-founder of Fosun Group), Lucid Blue Ventures, Mask Network, PKSHA SPARX Algorithm Fund, SNZ, and Zonff Partners.

Company: RCT STUDIO INC.

Raised: $10.0M+

Round: Series A-3

Funding Month: November 2021

Lead Investors: 

Additional Investors: Yuanyuzhou Ventures, Springwind Ventures, Galaxy Interactive, Bonfire Union, Everest Ventures Group, FBG Capital, Folius Ventures, Hash Global, HashKey Capital, Mr. Liang Xinjun, Lucid Blue Ventures, Mask Network, PKSHA SPARX Algorithm Fund, SNZ, and Zonff Partners

Company Website: https://rct.ai/

Software Category: AI solutions for the video game

About the Company: Led by CEO Yuheng Chen, rct AI is a tech-driven project that builds the Metaverse with AI-generated content for gaming and blockchain. Since its establishment in 2018, they have partnered with 20+ game studios and served 200M+ users worldwide. One of rct AI’s core products is Deterrence, an AI layer powering intelligent NFTs. Deterrence is integrated with AI conversation models, AI intent recognition, and AI motion generation to create cognitively aware virtual beings.

Source: https://www.finsmes.com/2021/11/rct-ai-closes-10m-series-a-3-funding.html

 


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