# Play AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/play-ai-2

- Industry: Software
- Total disclosed funding: $4.3M
- Latest round: Seed (May 29, 2024)
- Investors on record: 6

## About

Play AI operates as a provider of a blockchain-based artificial intelligence platform that enables its users to monetize their gameplay. In May 2024, Play AI raised USD 4.3 million in seed funding from P2 Ventures, Jump Crypto, Alphawave IP Inc., MH Ventures, Tykhe Block Ventures, and Zentry Labs, valuing Play AI at USD 70 million post-money. As of 2024, the company is led by its CEO, Ramees PS.

The company’s core product is an integrated platform designed to leverage gaming data and AI models, called the Intelligence Layer for Gaming, which provides an ecosystem for gaming AI. The firm’s platform features several key components, such as play markets, which is a hub where gameplay data is aggregated from the community, processed through data nodes, and transformed into datasets; play dojo, which is a training ground for AI models; and play hub, which is an environment where gaming AI models launched with the PlayAI SDK are ranked and rewarded by the network based on their performance and impact on gameplay. In addition, Play AI enables game creators to deploy AI, allows players to earn by streaming their gameplay, and provides game publishers and AI developers with tailored tools to enhance gaming experiences. The firm collaborates with companies like AltLayer and Polygon CDK.

The organization plans to use the May 2024 funding to accelerate its platform's features and service offerings.

## Funding rounds

- Seed, May 29, 2024, $4.3M — Alphawave IP Inc., Zentry Labs Pte. Ltd., Jump Crypto, MH Ventures, P2 Ventures, Tykhe Ventures

## Investors

- Alphawave IP Inc. — Seed
- Zentry Labs Pte. Ltd. — Seed
- Jump Crypto — Seed
- MH Ventures (https://capitalatlas.ai/funds/mh-ventures) — Seed
- P2 Ventures (https://capitalatlas.ai/funds/p2-ventures) — Seed
- Tykhe Ventures — Seed