Svmuu News Giggles has completed a $1.2 million Pre-Seed funding round. Investors include institutions such as 1kx Capital, Virtuals Protocol, and Social Graph Ventures, as well as angel investors with backgrounds from companies like OpenAI and Bain Capital.
According to the introduction, Giggles is positioned as a social application similar to TikTok, where users can "trade" content, combining information dissemination with market mechanisms. The project launched its beta version in August 2025 and has attracted approximately 150,000 users to participate in content trading, covering a cumulative total of about 10,000 videos. The current waitlist has reached 400,000 people, and it plans to officially launch in the United States soon.