Orbofi AI Raises $2.8M in High-Profile Funding Round

Orbofi AI, a prominent generative AI engine catering to web3, games, apps, media, and online communities, is delighted to declare that they have successfully obtained an astonishing $2.8 million in funding through private and public token sales. The private funding round was spearheaded by a group of renowned venture capital firms, which include Cogitent Ventures, OIG Capital, CSP DAO, Zephyrus Capital, and Halvings Capital, among other notable participants.

Orbofi AI Raises $2.8M in High-Profile Funding Round

Orbofi AI, a prominent AI engine specializing in generative capabilities for web3, games, apps, media, and online communities, is excited to announce the remarkable achievement of securing a staggering $2.8 million in funding through a combination of private and public token sales. The private funding round was led by an esteemed consortium of venture capital firms, including Cogitent Ventures, OIG Capital, CSP DAO, Zephyrus Capital, Halvings Capital, and other notable participants.

In the dynamic realm of web3, Orbofi AI has emerged as a leading player, enabling users to generate a diverse array of content such as visual assets, 2D and 3D imagery, sounds, and various other digital creations. Their AI engine empowers individuals to create and monetize AI models, democratizing access and fostering a thriving digital ecosystem that welcomes users from all walks of life.

With a rapidly growing user base, Orbofi AI has already amassed 95,000 users worldwide and continues to experience significant growth. Their ambitious mission is to unleash the creative potential of 2 billion people by transforming abstract ideas into tangible digital assets.

The company has forged noteworthy partnerships with prominent industry giants, collaborating with Triller, a popular social media app boasting 200 million downloads, as well as renowned Hollywood actor Danny Trejo. Leveraging their cutting-edge AI systems, they have even created an official 3D space for the 2022 World Cup.

Comprised of a talented team, Orbofi AI includes former developers from Ubisoft, professionals previously associated with ThreeFold, and experienced AI/ML researchers. Additionally, the company benefits from guidance and advice from influential individuals affiliated with some of the world’s most renowned tech companies.

Benjelloun Oussama, the founder and CEO of Orbofi AI, expressed his utmost enthusiasm regarding this significant milestone accomplished by the company.

I am absolutely thrilled to take our vision to the next level. This funding empowers us to move closer to our dream of onboarding the next billion people onto the generative AI bandwagon. We’re not just creating AI-generated content; we’re democratizing it. We’re making it accessible for everyone, ensuring that AI models and AI-generated content become a staple in the hands of the masses. We believe that the ability to create should not be confined to a select few but should be a universal tool for expression and innovation.

Benjelloun

Orbofi AI will leverage the newly acquired funding to accelerate their groundbreaking initiatives within the web3 space, providing the necessary resources to drive their progress.

The company intends to allocate the funds towards expanding their engineering and expansion teams, bolstering their capabilities and enabling them to take on new challenges. Furthermore, the funding will expedite the anticipated launch of their mobile app, scheduled to be released in Q3 2023.

In the near future, Orbofi AI plans to introduce an API that will enable seamless integration of their engine into web2 and web3 applications, empowering developers and enhancing the functionality of these platforms.

This move not only improves the performance of these applications but also broadens the accessibility of Orbofi AI’s powerful technology to a wider audience.

This substantial funding round serves as a pivotal moment for Orbofi AI, signifying the confidence placed in them by esteemed venture capital entities. As they continue to push the boundaries of AI and web3 innovation, the world eagerly anticipates the next steps in their ambitious journey and the technological advancements they will bring.

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