Z Venture Capital & Decima Fund participate in Vivident's seed round

Z Venture Capital & Decima Fund participate in Vivident's seed round

Vivident, a startup developing AI-powered character IP technology, has secured $1.5 million in seed funding from global investors across South Korea, Japan, the United States, and Hong Kong. The round included participation from leading venture firms including Hashed, Mashup Ventures, TheVentures, Modhaus (Korea), Sfermion (US), as well as Japan's largest CVC Z Venture Capital, Decima Fund, and Hong Kong-based CMCC Global's Titan Fund.

The company is developing MoeLive, a platform that creates anime-style character IPs using generative AI technology and enables community interaction. MoeLive aims to deliver a new form of entertainment experience that combines Japanese animation culture with K-pop elements. The platform integrates various AI technologies to create autonomous AI characters and allows fan communities to actively participate in their growth and development. Vivident plans to launch a beta service in the first half of 2025, featuring direct chat interactions with characters.

The current virtual character industry faces limitations due to its dependency on human performers behind virtual avatars. To overcome these constraints and enable new business model innovation, Vivident is leveraging AI technology to create fully autonomous virtual characters. The company's approach extends beyond basic chat interfaces, incorporating real-time livestreaming capabilities and multi-user participation systems to establish a new paradigm in AI celebrity entertainment.

With this seed funding, Vivident will focus on developing its first service, MoeLive. The company plans to launch its beta service in the first half of 2025, targeting a simultaneous release in South Korea, Japan, and the United States by the end of the year.

Key Features of MoeLive:

  • Advanced AI Character Creation: Generates unique anime-style characters with distinct personalities using generative AI
  • Interactive Growth System: Enables fans to participate in character development through various activities and voting
  • Community-Driven Experience: Allows multiple users to collectively nurture and interact with characters
  • Multi-Platform Integration: Features real-time chat, live streaming, and social media interactions
  • Autonomous Performance: Delivers authentic entertainment experiences through fully AI-powered virtual characters

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