Blogger Evgeny Chebatkov invested 5 million rubles in the AI image generator Fabula AI. The money was raised in a pre-seed investment round. In 2024, the startup plans to raise up to 200 million rubles in a seed round.
Image generator using a neural network, Fabula AI, raised 5 million rubles from blogger Evgeny Chebatkov. Chebatkov and Fabula AI co-founder Rodion Kadyrov talked about this in an episode of the Startup Secrets podcast.
The funds were used to attract new users and launch a turnkey AI tools business.
Fabula AI raised funding as part of a pre-seed round. In 2024, the startup plans to open a seed round and raise up to 200 million rubles to scale the b2b market.
Fabula AI is a cross-platform application for creating and editing images using neural networks. According to the startup, in less than a year of operation, the service attracted 1.7 million users on the Telegram, VK, App Store and Google Play platforms.
Fabula AI was founded by Ali Ozdiev and Rodion Kadyrov. According to its own data, the startup’s revenue from March to December 2023 amounted to 36 million rubles.
Author:
Kirill Bilyk
Source: RB
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