Hong Kong's AIGC music platform Fireverse has raised $2.5 million in its Series A funding round, valuing the company at $30 million.

Recently, Hong Kong's AIGC music platform and Web3 startup Fireverse announced that it has completed its A round of financing, raising US$2.5 million and valuing at US$30 million. Since its launch in October 2024, Fireverse has quickly emerged in the market with its AI music creation technology. The platform can generate high-quality songs in less than 5 minutes. As of the end of 2024, it has registered over 1.3 million users and generated over 100,000 songs.

The A round of financing for Fireverse reached US$2.5 million, led by Nobody (also known as Moonbox Limited) and supported by OKX Ventures, with the participation of multiple well-known institutions including T-Fund, BingX Labs, GateLabs, Chain Capital, Central Research, and Stratified Capital.

Through cooperation with Nobody, Fireverse obtained the intellectual property rights of the classic films "The Journey to the West: Descend from Heaven", "The Journey to the West: Subdue Demons", and "Mermaid" by Stephen Chow to create music NFTs.