K25.ai, an APAC-focused AI-native live streaming and watch-to-predict platform, has announced the closing of a US$100 million-valued Pre-A strategic investment round led by NewGenIVF Group Limited (Nasdaq: NIVF), together with an exclusive APAC agency partnership.
NIVF has made an initial US$2 million strategic investment in K25.ai at a US$100 million valuation and has received an option to increase its investment to up to US$10 million.
The strategic relationship brings together K25.ai’s AI-powered prediction and information market platform with NIVF’s Nasdaq-listed public-market platform, regional network and APAC commercial presence. NIVF is supported by a renowned family-backed shareholder base and brings public-company governance connectivity, capital markets visibility and regional business relationships that may support K25.ai’s next stage of development.
Building the AI-Native Watch-to-Predict Category
K25.ai is building a new category at the intersection of artificial intelligence, live streaming, creator monetisation and prediction-based information markets.
The platform is designed to allow users to watch, engage and predict around real-time content, including sports, esports, entertainment, creator challenges, cultural events and other APAC-relevant moments in permitted markets.
K25.ai’s AI layer is intended to support the prediction market lifecycle, including event discovery, market generation, live content understanding, data extraction, outcome monitoring and resolution workflows. This enables creators, communities and event owners to launch more timely, relevant and scalable prediction events around live content.
Led by Tech Veteran Andy Cheung
K25.ai is led by Andy Cheung, a veteran technology and digital asset executive with extensive experience scaling high-growth platforms across Web3, fintech, consumer internet and digital advertising.
Cheung previously served as COO of OKEx (now OKX), where he helped build and scale one of the world’s leading digital asset exchanges. He also served as CEO of Groupon Hong Kong. In addition, he was previously an Independent Director and Digital Asset Treasury Architect of Prenetics Global Limited, a Nasdaq-listed health sciences company, where he supported the development of its digital asset treasury strategy and Web3 capital markets positioning.
“Since the early days of exchanges, the biggest challenge has always been making market products simple enough for mainstream users,” Cheung added. “User behaviour has evolved from using search engines to social media to LLM, yet the core human need remains unchanged: people crave better ways to discover information and understand what is truly real. We believe AI and live streaming represent the next major frontier. K25.ai is not aiming to be another exchange or online gaming site. We want to become the Google and Meta of this new era. Just as Google transformed how the world discovers information and Meta redefined how people connect and share reality, K25.ai is being built as a new information market layer, where quantified consensus through AI-powered predictions and live streaming empowers millions to discover truth in real time.”
Strategic Investment From Nasdaq-Listed NIVF
Through the partnership, NIVF is expected to support K25.ai’s commercial development across Thailand, Singapore, Japan, Australia, New Zealand and other permitted APAC markets, excluding Mainland China, Hong Kong, Macau and other restricted jurisdictions.
In connection with the strategic relationship, K25.ai’s co-founders, including Andy Cheung, will join NIVF’s board of directors. The board appointments are intended to strengthen alignment between K25.ai and NIVF, support deeper strategic collaboration between the two parties, and provide K25.ai with enhanced public-company governance connectivity as it advances its AI-powered prediction and information market platform.
The partnership is intended to provide K25.ai with strategic capital, regional commercial support, enhanced governance connectivity and broader public-market readiness over time.
“We see K25.ai as a generational opportunity at the intersection of AI and prediction markets,” said Siu Wing Fung Alfred, Chairman and CEO of NewGenIVF. “Andy’s track record at OKX, Groupon and Prenetics combined with the explosive growth of this sector, makes this one of the most compelling strategic investments we’ve evaluated. We’re committed to supporting K25.ai’s path to becoming a publicly listed category leader in APAC.”
Public-Market Vision
K25.ai is building towards a long-term vision of becoming a public-market category leader in AI-powered prediction and information markets.
As prediction markets increasingly converge with AI, live content, creator communities and real-time information signals, K25.ai believes there is an opportunity to establish one of the first publicly visible platforms in the category with a focus on permitted APAC markets.
K25.ai may evaluate potential public-market pathways over time, including a strategic transaction, reverse takeover or other public-market structure, subject to applicable laws, regulatory review, Nasdaq requirements, market conditions, shareholder approvals where required and execution of definitive documentation.
No assurance can be given that K25.ai will pursue or complete any public-market transaction, reverse takeover or strategic transaction, or that K25.ai will become publicly listed.
Market Opportunity
K25.ai believes APAC remains meaningfully underserved by existing prediction market platforms, particularly across localised sports, esports, entertainment, creator-led content and culturally relevant regional events.
By combining AI-assisted market generation, live streaming, creator-led distribution and APAC-localised content, K25.ai aims to transform live streaming from a passive viewing experience into an interactive information market where audiences can participate around live outcomes and creators can unlock new forms of engagement and monetisation.
Based on selected publicly reported valuation references for larger global prediction-market companies and internal management analysis, K25.ai’s US$100 million valuation represents approximately 0.27% of those selected reported valuation references. This comparison is provided solely for market-context purposes and does not constitute a forecast, target valuation, investment return expectation or representation that K25.ai is comparable to, or will achieve outcomes similar to, any other company.
Geographic Restrictions
K25.ai is not offered to U.S. persons or to users located in Mainland China, Hong Kong, Macau or other restricted jurisdictions. K25.ai intends to operate in accordance with applicable laws and regulations in the markets where it is made available.
K25.ai’s products and services will only be launched or made available in jurisdictions where such activities are legally permitted, and, where applicable, subject to required licensing, registration, regulatory approvals or exemptions.
Visit https://k25.ai/
