The Nasdaq-listed company said its total investment in the AI-native livestream prediction platform now stands at $6 million, with founder and CEO Andy Cheung and two co-founders joining the board.
Nasdaq-listed NewGenIVF Group Limited said it is committing an additional $4 million in strategic funding to K25.ai, lifting its total investment in the AI-native livestream prediction platform to $6 million. The deal implies a post-money valuation of $100 million for K25.ai. The company said K25.ai founder and CEO Andy Cheung and two co-founders will join NewGenIVF’s board as part of the arrangement. NewGenIVF said the fresh capital will be used entirely for research and development and to speed K25.ai’s integration of AI with livestreaming, digital assets, and prediction markets (venues for trading on event outcomes).