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NewGen Invests $10 Million in K25.ai, Completing Its Pre-A Round of Financing, and Acquires a 10% Stake
Svmuu News: According to official reports, NewGenIVF Group (NIVF), a company listed on the Nasdaq, announced an additional investment of $4 million in the prediction market platform K25.ai, completing its $10 million Pre-A funding round.Following the funding round, K25.ai is valued at $100 million, and NewGenIVF Group is expected to hold a 10% stake. In addition to the equity investment, NewGenIVF Group has secured exclusive distribution rights for K25.ai in the Asia-Pacific region. K25.ai is an AI-native live-streaming and prediction market platform targeting the Asia-Pacific region. The product has not yet been officially launched and is currently in the process of applying for relevant regulatory approvals in select markets.
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