Fireverse Raises $30M in Series A, Valued at $30M

Fireverse, a Hong Kong-based AIGC music platform and Web3 startup, has successfully completed its Series A funding round, raising $30 million at a $30 million valuation. The round was led by Nobody (also known as Moonbox Limited) and supported by OKX Ventures, with participation from several prominent institutions such as T-Fund, BingX, GateLabs, Chain Capital, Central Research, and Stratified Capital.

Founded in October 2024, Fireverse has quickly established itself as a leader in the AIGC music and Web3.0 fields. In just a short period, the platform has registered over 1.3 million users and generated more than 100,000 songs. With its strong technical capabilities and unique business model, Fireverse is poised to continue leading the industry and bringing innovation to the music industry and digital asset market.

The completion of this Series A funding round marks a significant milestone for Fireverse, as it will enable the company to further develop its technology and expand its market reach. The support from leading investors, including Nobody and OKX Ventures, reflects the confidence in Fireverse's potential to disrupt the music industry and create value in the digital asset market.

As the AIGC and Web3.0 industries continue to grow, Fireverse's innovative approach to music creation and distribution is well-positioned to capitalize on the opportunities presented by these emerging technologies. With the backing of its investors, Fireverse is committed to driving innovation and value in the music industry and the digital asset market.