LOVO Raised $6.5M Pre-Series A

LOVO, the Berkeley, California-based artificial intelligence (AI) voice & synthetic speech tool developer has raised $ 6.5 million pre-series A round leb by crypto venture capital firm Hashed, PKO Investments and including angel investors Animoca Brands founder Yat Siu and Matt Finick, the former Chief Financial Officer of ROBLOX and Marvel Studios.

Previous investors are SkyDeck Fund, South Korean Kakao Entertainment, LG CNS and Primer Sazze

“We intend to use this money to expand the voice-first universe and ultimately become the voice of web 3,” LOVO CEO Charlie Cho stated.

Simon Kim, Hashed’s CEO and managing partner said “LOVO will collaborate with a number of blockchain gaming and metaverse projects by introducing voice NFTs to their communities allowing for a more advanced level of identity personalization in the virtual world.”

LOVO already released their first 8,888 Voiceverse NFT collection in January and every one of those NFTs was sold. Voiceverse NFTs were created from voice samples of 100 licensed voice recordings from voice actors. 

The company plans to hire multiple positions and improve LOVO’s AI model, enhance its AI voices and develop a better products. LOVO, founded in November 2019 and hiring multiple positions now. LOVO wants to partner with blockchain gaming and communities.