ObEN Inc., a Pasadena, California-based artificial intelligence (AI) company that is building a decentralized AI platform for intelligent avatars, raised $10m in funding.
K11 made the investment which brings total funding to date to more than $23.7m.
The company will use the funds for product development, deployment on the blockchain, and integration of technology in retail, real estate and hospitality applications.
Founded in 2014 by Nikhil Jain, CEO, ObEN leverages AI technology which enables users to quickly create a Personal AI, an intelligent 3D avatar that is authenticated and registered on the blockchain.
ObEN’s Personal AI (PAI) quickly creates a 3D avatar that looks, sounds and behaves like the user, and can do things on their behalf. Furthermore,
With a PAI concierge, customers are offered up to the moment information, retail guides and shopping tips.
The company’s Personal AI technology will be available in early 2018.
ObEN is a Tencent, Softbank Ventures Korea and HTC Vive X portfolio company.