FanTV Raises $3 Mn Funding To Transform AI-Powered Content Creation

FanTV, the leading AI agent platform for Content on the Sui blockchain, has raised an additional $3 million in funding from Mysten Labs, Cypher Capital, CoinSwitch Ventures and Illuminati Capital.

Before this, the company had raised $5.5 million from Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures and Tykhe Block Ventures.

The startup plans to use the funds to help FanTV transform digital content creation with AI-powered tools. FanTV aims to develop advanced AI tools for creators, grow its global creator network and improve strategies for user growth.

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Prashan Agarwal, Founder & CEO of FanTV, said, "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 defined by passive consumption—it will be driven by millions of creators expressing their unique voices through AI-powered tools. This is where FanTV is leading the revolution."

Adeniyi Abioudin, Co-founder of Sui, said, "AI and crypto converging in daily use cases and products isn’t just the future—it’s already happening. This is the next big disruption."

“The integration of AI agents into content creation isn’t just an incremental improvement – it’s a revolutionary shift in how digital content is produced and distributed. FanTV’s AI technology stands out by making professional-grade content creation accessible to millions. What impressed us most was their ability to combine advanced AI capabilities with intuitive user experience, resulting in unprecedented creator growth. With their strong technical foundation and clear vision, FanTV is perfectly positioned to lead the AI-powered future of digital content, ” said Bill Qian, Cypher Capital.

About FanTV 

Founded in 2023 by Prashan Agarwal, FanTV combines AI and blockchain technology to support content creation. It runs on the Sui blockchain and has gained over 8 million users, including 80,000 creators. The platform processes over 30 million transactions and 1.2 million hours of AI-generated content every month.

FanTV’s business model mixes paid AI-powered content creation features with rewards for engagement. Users can buy credits for premium AI tools, tip and gift creators and even create their own digital tokens to offer exclusive content and build a stronger community.

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