AI firm Flam secures $40m Series B funding

Flam, an artificial intelligence interactive content company, has secured $40 million in Series B funding led by QED Investors. Other investors included Claypond Capital, Martin Chavez, Olivier Pomel, Venky Harinarayan, Shah Rukh Khan, RTP Global, and Dovetail, which increased their stakes in the company. Flam signed over 100 enterprise customers in six quarters, including Google, Emirates, and KFC.

The company's technology is employed for marketing, product visualization, learning and development, entertainment, fan engagement, customer support, and sales.

Founder Shourya Agarwal explained that Flam capitalizes on the evolution of content, from text to images to video, and believes that interactivity is the next default for the internet. The company holds more than 15 patents and offers three formats: Flicks (interactive videos), Forge (editing model), and Airboards (high-fidelity 3D content). Flam's 3D streaming loads content in 300ms without requiring an app installation. Fable generates assets as native alpha-channel videos.

FG, Winbox, and Visual Agents are human-like characters that engage in conversations and take actions, providing a video-call experience. Fantom handles facial expression through identity preservation and motion transfer, while Finesse handles voice in any language. The Falcon model, a 26B-parameter MoE LLM, delivers responses at a 30ms time-to-first-token, with the pipeline returning an answer in under two seconds.

Nigeria's mobile-first market, where brands and consumers rapidly adopt new forms of digital engagement, was highlighted by SmartSense Technologies CEO Dr. Seyi. Flam offers Nigerian brands the ability to create interactive experiences for people to interact with, respond to, and participate in, tailoring the technology for real business use cases and helping brands, agencies, and enterprises deploy it at scale.

The capital raised will be used for research and development, product expansion, and scaling enterprise sales globally. Flam, founded in 2021 and headquartered in San Francisco, has teams in India and Japan and holds over 15 patents.