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Netstream Secures SAFE Investment for AI-Driven Content Services

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Netstream Secures SAFE Investment for AI-Driven Content Services
Type Company News Genre Game

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Netstream, a pioneer in utilizing generative AI for integrated content solutions, has successfully secured a SAFE investment from Korea Venture Investment Corporation (KVIC). The Gyeonggi Center for Creative Economy and Innovation announced this funding as part of the 2024 Startup Leap Package investment support initiative. SAFE investments expedite funding by simplifying the typical stock evaluation process, providing a strategic advantage to early-stage startups.
The company is integrating generative AI across its platforms, including its mobile RPG, 'ChatRPG 2,' the sequel to 'ChatRPG Plus,' with a beta release planned for early 2025. Netstream's AI-powered corporate training diagnostic platform, 'iDO,' has completed its minimum viable product (MVP) development and initial beta testing over three days starting October 16, receiving positive feedback from HR managers at 40 companies.
With funding secured through the SAFE investment, Netstream is now initiating a Pre-A investment round to further bolster personnel and advance their business model validation. CEO Sang Hyuntae expressed great satisfaction in having their AI technology and potential business applications recognized, highlighting their commitment to developing AI agents tailored for the gaming and education markets. Netstream is set to revolutionize the corporate training arena with its innovative AI capabilities.