2U2.ai has announced a new round of strategic investment, though the specific amount has not been disclosed. According to ChainCatcher, the investment comes from Castrum Istanbul and M2M Capital, aimed at supporting 2U2.ai's ongoing development of Meme infrastructure and ecosystem expansion.
Currently, 2U2.ai is backed by several institutions, including Becker Ventures, CGV FOF, Gemhead Capital, K24 Ventures, Castrum Istanbul, and M2M Capital.
The company is developing a Web3-focused MemeLayer, which utilizes AI to drive the creation, dissemination, and remixing of Memes, establishing a scalable and incentivized Meme content network. The platform has launched the Meme Arms Race points system, allowing users to earn points through creating, sharing, and spreading Meme content, which will be part of future ecosystem incentives.