36Kr Exclusive | The "AI Boyfriend Platform" Dream Island under China Literature has started independent operation, and the current financing amount exceeds 10 million US dollars.

36Kr exclusively learned that "Dream Builder Island," incubated by Xiaoxiang Academy, a female-oriented online literature platform under Yuewen, has recently officially started independent operations. Currently, the company has completed a new round of financing, jointly invested by strategic investors such as SenseTime Guoxiang Fund and Yuewen Group, with a financing amount of over 10 million US dollars.

In August 2023, the Xiaoxiang Academy App under Yuewen opened a test of the online literature scene function "Dream Builder Island" based on AI technology. Public information shows that Dream Builder Island is positioned as a "new generation AI virtual interactive entertainment platform," dedicated to creating an immersive companionship in the virtual world for female users.

In "Dream Builder Island," every user can create a "dream person" of their own and interact with the "dream people" created by others. Through precise matching, users can increase the intimacy with their favorite "dream people" in the interaction process, continuously unlock companion gameplay such as chatting, making phone calls, experiencing interactive storylines, and the Moments, and establish a long-term emotional connection through multimodal interactions.

Screenshot of Dream Builder Island App

Insiders told 36Kr that in order to achieve rapid product iteration, the team gradually developed the idea of independent development.

"Independent operation can, on the one hand, promote the company's rapid development in a more open and flexible organizational form, and on the other hand, it can also bring more open industry cooperation opportunities to Dream Builder Island. After independent operation, the company also has a more flexible independent financing channel and can provide better incentives to team members," the person said.

Up to now, the Dream Builder Island App has nearly five million registered users, of which nearly 80% are young female users. The cumulative number of creators exceeds 500,000, and among the Top 20 characters, the majority are original characters, accounting for 85%. The user stickiness of Dream Builder Island is not low. The average single user can input more than 4,000 words per day, and the average number of daily conversation rounds per person exceeds 120 rounds. Currently, the revenue from the user side can basically cover the model cost.

Screenshot of Dream Builder Island App

Dream Builder Island has officially signed an IP character strategic cooperation agreement with Yuewen Group. Yuewen Group holds a large number of copyrights or legal authorizations for online literary works. Based on this strategic cooperation agreement, Yuewen will provide Dream Builder Island with the content data of online literary works for which it holds the copyright or legal authorization for the training of the virtual IP character model of Dream Builder Island.