Orbofi AI, a leading generative AI engine for web3, games, apps, media, and online communities, is excited to announce that it has successfully secured an impressive $2.8 million in funding through private and public token sales. Leading the private round were renowned venture capital firms including Cogitent Ventures, OIG Capital, CSP DAO, Zephyrus Capital, and Halvings Capital, among others.
In the rapidly evolving world of web3, Orbofi AI is making a significant impact as a standout player. Their AI engine empowers users to generate a wide range of content, including visual content, 2D images, 3D assets, sounds, and various other digital content. Furthermore, it allows anyone with a smartphone to create and monetize AI models, fostering a vibrant and prosperous digital ecosystem.
With a rapidly growing user base, Orbofi AI already boasts 95k users worldwide and shows no signs of slowing down. Their ambitious mission is to inspire the imaginations of 2 billion people by transforming abstract ideas into tangible digital assets.
The company has formed valuable partnerships with industry giants, including collaborations with Triller, the popular social media app with 200 million downloads, and renowned Hollywood actor Danny Trejo. They have also utilized their cutting-edge AI systems to create an official 3D space for the 2022 World Cup.
The Orbofi AI team consists of talented individuals, including former Ubisoft developers, ex-employees of ThreeFold, and experienced AI/ML researchers. They receive guidance from prominent individuals affiliated with some of the world’s most influential tech companies.
Benjelloun Oussama, the founder and CEO of Orbofi AI, expressed his excitement about reaching this significant milestone for the company. “I am absolutely thrilled to take our vision to the next level,” Benjelloun said. “This funding empowers us to bring 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 to everyone, ensuring that AI models and AI-generated content become a staple tool in the hands of the masses. We believe that the ability to create should be universal and not limited to a select few, enabling expression and innovation for all.”
The new injection of funding will provide Orbofi AI with the necessary resources to accelerate their groundbreaking work in the web3 space. The company plans to utilize the funds to expand its engineering and expansion teams. Additionally, it is expected that this funding will expedite the launch of their mobile app, scheduled for release in Q3 2023.
Soon, Orbofi AI will introduce an API, aiming to enable developers as well as web2 and web3 applications to seamlessly integrate the Orbofi AI engine into their platforms. This integration will not only enhance the functionality of these applications but also make the powerful capabilities of Orbofi AI’s technology more accessible to a wider audience.
This substantial funding marks a pivotal moment for Orbofi AI and represents a vote of confidence from some of the most respected names in the venture capital industry. As they continue to innovate at the intersection of AI and web3, the world eagerly anticipates where their ambitions and technology will lead them next.