Web3 AI immersive companion development company Nectar AI completes $3.9 million in financing, led by Mechanism Capital and others

Nectar AI, a Web3 AI immersive companion development company, announced the completion of a $3.9 million financing round, led by Mechanism Capital and Karatage, with participation from industry insiders such as Synergis, Maelstrom (Arthur Hayes), Builder Capital, Baboon and Decima, as well as Dao5 co-founders Tekin Salimi and George Lambeth, and YGG co-founder Gabby Dizon. Nectar AI uses generative AI and Web3 integration to build multimodal AI companions, and creators have full IP ownership of their assets and can monetize them without permission. The company plans to release a blockchain-based AI agent protocol by the end of the year.

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