Company Name: Virtualness
Location: San Francisco, CA
Business Focus: A mobile-first platform, underpinned by generative AI and blockchain, aimed at the creation, minting, sharing, and selling of digital goods in a unified ecosystem.
Funding led by: Shorooq Partners and Ankurit Capital
Participation from: Blockchange Ventures, Polygon Ventures, F7 Ventures, Micron Ventures, Better Capital, FalconX, Impact Venture Capital, Neythri Futures Fund, Oceans Ventures, Perot Jain, VC3 DAO, Carolyn Everson, Randi Zuckerberg, Nuseir Yassin, Nikki Farb, and Stacy Brown-Philpot in the previous seed round.
Total Funding Amount: Undisclosed current round (Total funding now in eight figures with $8M previously raised in seed funding in 2022)
Purpose of Funding: The funding is envisaged to propel the ongoing endeavors of Virtualness in providing a robust platform for users and authenticated creators to engage with digital goods, thereby enriching the digital goods ecosystem and exploring new avenues for monetization.
Product: Virtualness is architectured as a one-stop platform enabling users and authenticated creators to create, mint, gift, share, and sell digital goods. By integrating generative AI and blockchain, it facilitates a seamless interaction with digital goods, while ensuring authenticity and offering a platform for branded digital goods creation and exchange. The recent initiative, Gratitude OnChain, exemplifies Virtualness’s commitment to community engagement and novel experiences, inviting creators to express gratitude through blockchain.
About Company: Headed by co-founders Kirthiga Reddy and Saurabh Doshi, Virtualness emerges as a front-runner in converging generative AI and blockchain technology to foster a dynamic environment for digital goods interaction.
The platform’s unique proposition lies in its mobile-centric approach coupled with a blend of education, personalization, and integration with both Web2 and Web3 platforms. This narrative is further enriched by the Gratitude OnChain program, epitomizing Virtualness's drive to create meaningful digital interactions. With the synergy of notable creators and organizations, Virtualness is not merely a platform but a burgeoning community set to redefine digital goods engagement. This fresh infusion of capital accentuates the confidence of investors in Virtualness’s vision and lays a robust foundation for its ambitious roadmap ahead.