The Venture Codex

Led · Series B · Oct 2023

Prins AI operates a platform dedicated to training AI digital identities and deploying them in broadcasting media, brand marketing, e-commerce live streaming/short videos, educational entertainment, AR/VR/AI, and other scenarios. The company records training and application logs using blockchain technology and smart contracts and uses cryptocurrency reward mechanisms to attract public participation in training programs. Prins AI says its digital identity technology has been widely deployed in online and offline scenarios. Following a $100M Series B, the company plans to continue investing in deep learning R&D to deliver more accurate, natural, and efficient digital identity products. Prins AI also intends to expand its team by recruiting additional technical talent and enlarging marketing and sales functions. The company has established offices and R&D centers across multiple U.S. cities (including New York, Los Angeles, Chicago, Houston, Philadelphia, and Lakewood), as well as in London, Canberra, Australia, and multiple cities in China. Prins AI Technology offers PRINS AI, an AI-driven digital persona training product that enables creation and management of AI digital humans and records training/application records on blockchain via smart contracts. The platform uses a cryptocurrency reward mechanism to allow users to participate in AI digital human training. Its technology has been applied in radio and television media, brand marketing, e-commerce live broadcast and short video, education and entertainment, AR/VR/AI, and NFT/metaverse scenarios. Prins AI plans to optimize the quality of its AI digital persona products to provide higher standards of service and meet evolving user needs. The company says it will use new funding to advance deep learning technologies, expand the team, strengthen product development capabilities, and enhance marketing and sales effectiveness. The company previously raised $10M in a Series A and maintains U.S. offices in Lakewood, Colorado.