Genexyz, a Jakarta-based virtual influencer start-up, has raised US$1 million in a seed funding round led by Indonesia's East Ventures.
enexyz, a Jakarta-based start-up that creates virtual influencers, has raised US$1 million in a seed funding round led by Indonesian sector-agnostic venture capital firm East Ventures.
Other investors including Emtek, MDI, Trinity Optima and Massive Music joined this funding round, while early investor Future Creative Network (FCN) participated again.
“We remain committed to further enhancing the expertise and capabilities of our team across diverse industry domains while fortifying our existing community, distribution channels, and ecosystem,” said Genexyz cofounder and CEO Belinda Luis in an official statement released on Wednesday.
As per the release, the company aims to use the new funds to expand its presence in the Southeast Asian market. Additionally, it plans to focus on developing more interactive technology that could establish strong connections with relevant communities, enabling firms to maximize their impact on clients.
Read also: Executive Column: Genexyz gives meta-humans central role in marketing
Genexyz is a technology platform specializing in meta-human technology and virtual influencer intellectual property (IP). Its focus lies in offering scalable and dependable data and technology solutions to meet consumer demands.
The firm positions itself in the fields of creative industries, advertising and Web 3.0 ecosystems as a “modern solution” for brands and companies seeking to build a long-term presence through technology.
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