PANews August 5 news, according to TechCrunch, Google's AI Futures Fund participated in an $8.5 million equity round, investing in the Indian social gaming platform STAN headquartered in Singapore. Aptos Labs, Bandai Namco 021 Fund, Square Enix, Nazara, King River Capital, General Catalyst, GFR Fund, and others also participated in the investment.
STAN has now raised a total of approximately $15 million, with 25 million downloads and 5.5 million monthly active users. The platform monetizes through game victory rewards 'Gems' and creator club commissions, which can be exchanged for e-commerce vouchers such as Amazon; nearly 80% of content review relies on AI, and in the future, it will strengthen generative tools and global expansion using Google technology.