Vivident, a company 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. This funding round included participation from leading venture firms, including Hashed, Mashup Ventures, TheVentures, Modhaus, Sfermion, CVC Z Venture Capital, Decima Fund, and 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. And MoeLive aims to deliver a new form of entertainment experience that combines Japanese animation culture with K-pop elements. This platform integrates various AI technologies to create autonomous AI characters and allows fan communities to actively participate in their growth and development. Vivident plans on launching a beta service in the first half of 2025, featuring direct chat interactions with characters.
This current virtual character industry faces limitations due to its dependency on human performers behind virtual avatars. And 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, integrating real-time live-streaming capabilities and multi-user participation systems to establish a new paradigm in AI celebrity entertainment.
With this seed funding round, 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 QUOTES:
“GD and his team have an impressive track record of building consumer products across web2 and blockchain technologies. What sets MoeLive apart isn’t just their innovative application of AI technology—it’s their deep understanding of fan culture. They are pioneering a new form of entertainment where communities come together to nurture and grow alongside their favorite characters. By blending Japan’s character-nurturing culture with the idol industry framework of Korea, MoeLive offers a truly unique and captivating approach.”
– Jonathan Cheung, Principal at Titan Fund
“Through MoeLive, we aim to create a new form of IP where technology, content, and community converge. Our goal isn’t simply to create AI characters, but to develop character IPs that grow and evolve together with their fans.”
– GD Kim, Founder and CEO of Vivident
