"Dream Dimension" Raises Tens of Millions of RMB in Series A Funding, Sparking a New Wave of AI Interactive Content

Shenzhen Xiangfaliu Technology Co. (hereinafter referred to as "Xiangfaliu" or "Dream Dimension") recently completed a Series A financing round of tens of millions of RMB, led by Jinqiu Fund with participation from Gaorong Ventures, Future Capital, SenseTime, and others. This funding will provide strong support for accelerating the company's technology R&D and market expansion, helping Xiangfaliu advance its innovation in generative AI and interactive content.

Multimodal AI Powers a New Content Experience

Founded in 2023, Xiangfaliu focuses on building a new-generation content platform driven by multimodal AI. Its flagship product, Dream Dimension, targets young users and combines generative AI technology to deliver interactive, plot-driven virtual character experiences. Through highly engaging interactive content, Dream Dimension has gradually built a novel content consumption ecosystem that has attracted a large user base, with average daily active interaction time exceeding 100 minutes. It has become an important platform for young users' entertainment, emotional expression, and learning practice.

In the AI content consumption space, Dream Dimension produces high-quality, highly interactive multi-node content through a UGC model, covering diverse genres including campus life, ancient Chinese settings, time-travel, and science fiction, while also accommodating realistic themes, fan fiction, meme culture, and other varied content types — demonstrating remarkable content generalization capabilities. This stems from Dream Dimension's strong emphasis on creator operations, having built a stable and efficient content creation ecosystem that deepens user-character interaction and significantly improves retention and engagement.

Pushing the Boundaries of Interactive Content

By understanding user needs, Xiangfaliu focuses on using technological innovation to address two core problems: insufficient immersion and excessive barriers to entry. Its products offer multimodal support including text, voice, and text-image combinations; they lower the difficulty threshold through accessible interaction options such as choice-based plotlines, satisfying young users' desire for quick emotional payoff. As AI technology continues to advance, Dream Dimension is evolving from high participation toward high immersion, committed to pioneering an entirely new form of interactive content consumption.

Furthermore, Dream Dimension's platform positioning emphasizes "character as IP" — the deep interaction between users and virtual characters means each character has the potential to become a unique content asset for the platform. As of October 2024, the platform had nearly one hundred IP characters with follower counts in the tens of thousands. Through the combination of AI-generated content and user participation, the platform has formed an efficient closed loop of content creation and consumption.

Accelerating Market Expansion and Technology R&D

Following this financing round, Xiangfaliu plans to further increase R&D investment, strengthen the depth of multimodal AI technology application and content richness, optimize creator tools, and support the development of more diverse interactive formats. At the same time, the company will gradually expand into overseas markets, exploring paths to serve broader user demographics while continuing to serve young users.

Beyond technology R&D and product innovation, Dream Dimension also places strong emphasis on the safety and compliance of generative AI content. The platform has passed the deep synthesis service algorithm filing with the Cyberspace Administration of China and established a comprehensive risk control system to ensure the security of content generation and interaction.

Xiangfaliu founder Qiajin Shen is a serial entrepreneur who has witnessed and deeply participated in the evolution of AI technology. He emphasized, "Interactive content is the core trend of next-generation content consumption, and generative AI is the key lever to realize this trend. We believe that through continuous technological breakthroughs and deep understanding of user needs, Xiangfaliu has the potential to grow into a benchmark new-generation content platform."

A project lead at Gaorong Ventures stated, "With the rapid expansion of AGI technology boundaries and the swift decline in costs, multimodal AI interaction is an irreversible trend in content consumption. In a remarkably short time, Qiajin's team has built an AI-native creation workflow that allows creators to produce personalized content assets satisfying young users' entertainment, emotional expression, and learning needs. With the support of various resources, we look forward to the team creating entirely new dream experiences for more users."