Kaon AI raises $60M to build the next generation of AI-driven interactive entertainment

Kaon AI, a generative artificial intelligence platform and research outfit formerly known as FlowGPT that provides online interactive entertainment, today announced it has raised $60 million across recent funding rounds.

The San Mateo company is backed by numerous technology sector venture capital investors, including B Capital, Redpoint Ace, Goodwater Capital and DCM. Today’s announcement follows $10 million raised in 2024 in pre-Series A funding.

Helmed by Chief Executive Jay Dang, Kaon said this funding round will allow the company’s Berkeley-educated founding team to change how people approach and consume digital media.

“Every streaming platform today recommends what could be your next favorite show from a long list of preset options,” said Dang. “In the generative AI era, though, this finite catalog is poised to become the ‘Blockbuster’ of the 2020sA. t Kaon, we’re building a new type of content engine to create individualized narratives that truly resonate, moving the industry past static text prompts and into real-time multimedia.”