Content platform FanTV raises $3-M

FanTV , an AI-powered content platform on the Sui blockchain, has raised USD 3 million backed by Mysten Labs, Cypher Capital, CoinSwitch Ventures and Illuminati Capital.The new funding will be used for the development of advanced AI tools for creators, the expansion of its global creator network, and enhanced user growth strategies.Founded in 2023 by Prashan Agarwal, FanTV blends AI and blockchain technology to empower content creation with over 8 million users and 80,000 creators and claims to have processed 30 million transaction till date. It has previously raised from Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures.