Startup of the week: Inworld AI

• Inworld AI was founded in 2021.
• The startup provides a platform for developing virtual characters for immersive realities, including the metaverse.
• To date, Inworld AI has raised $19.7 million in two rounds of funding.

Website: https://www.inworld.ai/

Our startup of the week for this week is Inworld AI! Inworld AI provides a developer platform on which people can create virtual, AI-powered characters suited for immersive realities, including VR and AR platforms, the Metaverse, and other virtual worlds.

As interest and exploration of immersive realities grows, Inworld AI believes these virtual worlds will feel empty without responsive people to interact with. To accommodate the rapidly growing and evolving immersive virtual reality experiences, the startup offers developers a way to create virtual characters for those experiences.

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As mentioned, these virtual characters are powered by AI and can be used to populate various virtual realities, including the metaverse. Creators simply need to explain the character in natural language, and when developing characters’ brains, Inworld AI’s studio can be used to customize elements of their perception and behavior, including motivations, language behaviors, memories, and more.

Inworld AI states its vision is to “enable partners and developers to leverage our platform to create and deploy virtual characters for a variety of use cases.”

The startup is funded by some big names, including CRV, Kleiner Perkins, and Meta. The company has raised a total of $19.7 million in two rounds of funding, the most recent being a seed round announced this March that raised $12.5 million.