Tengr.ai, a leading provider of AI-driven creative solutions with over half a million users, has announced the successful completion of a $1.2 million equity funding round to support the development and launch of its upcoming utility token. The token-based fundraising is being carried out by the company as part of this initiative. This strategic initiative aims to integrate blockchain technology into Tengr.ai’s platform, enhancing user engagement and expanding its ecosystem.
The fundraising rounds were led by its key shareholders such as Founder and TEDx curator Péter W. Szabó, Economist and communications specialist Attila Balla, as well as Founder of Finančná nezávislosť and owner of Medico Group Dávid Zalaba and others.
Over the past years, the company’s innovative platform has focused on offering a multilingual, uncensored, and user-friendly environment that empowers creators and businesses to harness the full potential of artificial intelligence. By introducing a utility token, Tengr.ai seeks to provide users with new ways to monetise their creations, participate in governance, and access exclusive features within the platform.
“We are excited to take this significant step towards integrating blockchain technology into our platform,” said Péter W. Szabó, Founder of Tengr.ai. “The introduction of our utility token will not only enhance the user experience but also foster a more engaged and collaborative community of creators,” Szabo continued.
The funds raised will be utilised to develop the token, integrate it into the Tengr.ai platform, and establish strategic partnerships to drive adoption. Additionally, Tengr.ai plans to expand its offerings by launching new features, including Quantum Render and a public API, to further enhance the capabilities of its platform.
The platform sees over 500,000 active users with over 35,000 daily active users, with over 1.2 million sessions in just under two months.
“We’re built on privacy-by-design principles. No personal data is collected or stored, and users retain full commercial rights to every image they generate,” says Szabo. The company’s Hyperalign™ technology intelligently sanitizes prompts and eliminates the “cat-and-mousegame” of traditional filter lists while preserving creative flow.
Tengr.ai aims to launch its utility token later this year.
About Tengr.ai
Tengr.ai is the world’s leading privacy-first generative AI platform for creators, educators, and businesses. Its patented Hyperalign™ technology guarantees uncensored yet safe outputs, while a token-based credit system keeps pricing predictable and transparent. Headquartered in Szeged with a distributed R&D team across Europe, Tengr.ai hosted the first AI-generated art exhibition at Digital Szeklerland and continues to push the boundaries of ethical, human-centric AI.