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Inworld Ai Closes $50M Series A To Populate Video Games And The Metaverse With Interactive Ai-Driven Characters

PRIVATEAug 23, 2022

Amount Raised

$50 Million

Round Type

Series A

Mountain ViewOtherSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceGamingVideo Games

Description

Inworld AI, a developer platform for creating AI-driven virtual characters, founded by conversational AI pioneers Ilya Gelfenbeyn, Michael Ermolenko, and Kylan Gibbs, today announced the close of its Series A funding round. The company has raised an additional $50 million to bring richer social interactions to immersive worlds in gaming, metaverses, entertainment, and brand experiences. Section 32 and Intel Capital led the round, which also included investments 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.

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Company Information

Company

Inworld AI

Location

Mountain View, California, United States

About

Inworld is a Character Engine for AI NPCs that goes beyond LLMs – and adds contextual awareness and multimodal expression of personality. Inworld uses advanced AI to build generative characters whose personalities, thoughts, memories, and behaviors are designed to mimic the deeply social nature of human interaction. The Inworld platform lets you create characters with personality and contextual awareness to keep them in-world and in character. Integrations make it easy for developers to deploy characters into immersive experiences, while scale and performance are optimized for real-time experiences. We are a team of experts that have pioneered conversational AI platforms and generative models at Google and DeepMind. We are continuing to build out our incredibly talented team, with experts in generative language models, emotions, speech synthesis, multimodal interaction, design, and 3D animation.

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Verified contactsIlya G., CEO See plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Inworld AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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