The American startup Inworld AI with Russian roots has raised $50 million. Founded a year ago, the company created a platform for developing virtual characters that can be used in the metaverse.
Venture Beat writes about the deal, information about it is reflected in the company card on Crunchbase. The round was closed in March, but now they only talked about it.
The series A round was led by Intel Capital and Section 32. A total of 14 investors participated, including Kleiner Perkins, Founders Fund, LG Technology Ventures. The total amount of funds raised by the startup, taking into account the current round, reached $69.7 million.
Inworld AI offers a platform to develop AI-powered virtual characters that can be used in metaverses and video games. The startup also announced the hiring of visual effects specialist John Gaeta, who worked on the scene in the movie “The Matrix” with Neo dodging bullets.
Inworld AI is based in California, USA. The startup was founded in 2021 by Ilya Gelfenbein, Mikhail Ermolenko, and Keelan Gibbs.