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2

About Bonfire Union

Bonfire Union is based in China.

Bonfire Union Headquarter Location

Beijing,

China

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Latest Bonfire Union News

rct AI Closes $10M+ Series A-3 Funding

Nov 9, 2021

rct AI , a Los Angeles, CA-based provider of AI solutions for the video game industry, completion a $10M+ Series A-3 funding. Backers included Yuanyuzhou Ventures, Springwind Ventures, Galaxy Interactive, Bonfire Union, Everest Ventures Group, FBG Capital, Folius Ventures, Hash Global, HashKey Capital, Mr. Liang Xinjun (co-founder of Fosun Group), Lucid Blue Ventures, Mask Network, PKSHA SPARX Algorithm Fund, SNZ, and Zonff Partners. Led by CEO Yuheng Chen, rct AI is a tech-driven project that builds the Metaverse with AI-generated content for gaming and blockchain. Since establishment in 2018, they have partnered with 20+ game studios and served 200M+ users worldwide. One of rct AI’s core products is Deterrence, an AI layer powering intelligent NFTs. Deterrence is integrated with AI conversation models, AI intent recognition, and AI motion generation to create cognitively aware virtual beings. Previous investors included Sky Saga Capital and Y Combinator, who led two of their Seed rounds, while Makers Fund and Galaxy Interactive, who led the two previous Series A round. FinSMEs 09/11/2021

Bonfire Union Investments

2 Investments

Bonfire Union has made 2 investments. Their latest investment was in rct studio as part of their Series A - III on November 11, 2021.

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Bonfire Union Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/2/2021

Series A - III

rct studio

$10M

Yes

7

6/9/2021

Seed VC

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10

Date

11/2/2021

6/9/2021

Round

Series A - III

Seed VC

Company

rct studio

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Amount

$10M

New?

Yes

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Co-Investors

Sources

7

10

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