# ImgnAI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/imgnai

- Industry: Internet
- Total disclosed funding: $1.6M
- Latest round: Seed (Jan 26, 2024)
- Investors on record: 6

## About

Founded by Thelema (CEO) in 2022, ImgnAI operates as an internet-based company offering an artificial intelligence (AI) based image generation bot platform. In January 2024, the firm raised USD 1.6 million in seed funding led by investor Hack VC, with participation from other investors dao5, RanaCapital, Selini Capital, Westham Capital Partners, and Motus Capital Management. The firm as of February 2024, has generated over 300,000 images and has more than 23,000 telegram groups, 88,000 discord servers, and 8 public models.

The company offers a crypto-native generative AI-based platform that offers solutions for AI-driven image generation. ImgnAI’s flagship product, Nai, is an AI-powered image generation bot, where users can effortlessly create artwork in various styles simply through text commands. Nai has garnered popularity among Discord and Telegram users globally, boasting thousands of groups and servers. In addition to Nai, the company has also introduced Naifu, an all-in-one virtual companion designed to answer questions, solve complex problems, and cater to users' needs. Unlike other AI assistants, Naifu offers uncensored interaction and adaptability, promising a personalized experience tailored to each user.

The company plans to utilize the January 2024 funding to speed up its product development, marketing expansion, and increase infrastructure capacity.

## Funding rounds

- Seed, Jan 26, 2024, $1.6M — Westham Capital Partners, RanaCapital, Hack VC, Selini Capital, Motus Capital Management, dao5

## Investors

- Westham Capital Partners — Seed
- RanaCapital — Seed
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed
- Selini Capital (https://capitalatlas.ai/funds/selini-capital) — Seed
- Motus Capital Management — Seed
- dao5 (https://capitalatlas.ai/funds/dao5) — Seed