FanTV raises $3 million to transform AI-powered content creation
FanTV, an AI-powered content platform on the Sui blockchain, has secured an additional $3 million in strategic investment. This new funding, backed by Mysten Labs, Cypher Capital, CoinSwitch Ventures and Illuminati Capital, will fuel FanTV’s mission to revolutionize digital content creation with AI-driven tools.
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This investment builds on the company’s earlier $5.5 million raise from major investors, including Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures.
With over 8 million users and 80,000 creators, the platform has already processed 30 million transactions, making it the largest AI-driven content platform across all blockchains. Creators on FanTV produce music, videos, podcasts, web series and vlogs using AI tools. The platform supports both emerging talent and established influencers, featuring creators like TrevinVSNFT—Sui’s top content creator—Bitcoin educator Kashif Raza, CryptoIndia, BlockFuel, and rising digital voices like MrBreadSmith.
At the helm of FanTV is Founder & CEO Prashan Agarwal, former CEO of Gaana, a streaming platform, which grew to 180 million users and raised $115 million from Tencent.
«We firmly believe that creativity lives within everyone, but traditional content creation barriers have kept too many voices silent. The next evolution of social media won’t be
