On January 27th, the native AI platform for encryption, imgnAI, completed a seed round of financing of $1.6 million, with Hack VC leading the investment and Rana Capital, Selini Capital, West Ham Capital, Motus Capital and dao5 participating, with undisclosed valuation.

imgnAI stated that the image-generating robot platform will be launched at the end of 2022, and the financing funds will be used to increase imgnAI's infrastructure capacity, accelerate product development and expand its marketing efforts. imgnAI also plans to use this funding to support the launch of a "digital companion" product called "Naifu", which aims to provide high-performance text and image responses.