Tech Company Financing Transactions

Inworld AI Funding Round

Inworld AI secured a $500 million funding round on 8/2/2023. Backers included First Spark Ventures, LG Technology Venture and Lightspeed Venture Partners.

Transaction Overview

Company Name
Announced On
8/2/2023
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Proceeds Purpose
The company, which has now raised over $100m in total funding, will use the capital to accelerate research and development, hire talent, invest in infrastructure, and launch an open-source version of its Character Engine.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
800 West El Camino Real 180
Mountain View, CA 94040
USA
Phone
Undisclosed
Email Address
Overview
Inworld AI provides a developer platform for creating AI-powered virtual characters to populate immersive realities including the metaverse, VR/AR, games, and virtual worlds. Building truly intelligent virtual characters is complex and takes a great deal of specialization. Our aim at Inworld AI is to perform the required heavy lifting. We want to enable partners and creators to leverage our platform to build and deploy virtual characters for a variety of use cases.
Profile
Inworld AI LinkedIn Company Profile
Social Media
Inworld AI Company Twitter Account
Company News
Inworld AI News
Facebook
Inworld AI on Facebook
YouTube
Inworld AI on YouTube

Management Team

Title
Name
Email & Social
Chairman
Ilya Gelfenbeyn
  Ilya Gelfenbeyn LinkedIn Profile  Ilya Gelfenbeyn Twitter Account  Ilya Gelfenbeyn News  Ilya Gelfenbeyn on Facebook
Co-Founder
Michael Ermolenko
  Michael Ermolenko LinkedIn Profile  Michael Ermolenko Twitter Account  Michael Ermolenko News  Michael Ermolenko on Facebook


 

 

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