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Decentralized AI asset creation platform Nectar AI completes a $3.90 million seed round financing, led by Mechanism Capital.

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TechFlow
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Aug 27, 2024

DeepTechFlow news, on August 27, according to Analytics Insight, the decentralized AI asset creation platform Nectar AI announced the completion of a $3.90 million seed round financing. This round of financing was led by Mechanism Capital and Karatage, with participation from institutions such as Synergis and Maelstrom. Nectar AI plans to use this funding to expand the team, increase key talents in AI and protocols, and enhance the ability to form new partner relationships. The platform currently has over 500 thousand users, allowing users to create and customize lifelike or anime-style AI companions. The platform supports multimodal interactions, quickly generating image or text responses based on user intent, and providing generative AI video creation capabilities.

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