About Nucanon
Nucanon is a company based in Sydney (Australia) founded in 2023 by Nilu Kulasingham was acquired by Zupee in November 2025.. Nucanon has raised $500 thousand across 1 funding round from investors including Zupee, Futureverse and Skalata. Nucanon operates in a competitive market with competitors including NPCx, Quest Portal, Bitpart AI, Playfield and Studio Gobo, among others.
- Headquarter Sydney, Australia
- Founders Nilu Kulasingham
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Nucanon
Nucanon has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $500,000
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First Round
First Round
(01 May 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2024 | Amount | Seed - Nucanon | Valuation | Skalata , Antler |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nucanon
Nucanon has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Zupee, Futureverse and Skalata. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm providing investment and support to pre-seed founders in Australia.
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Founded Year | Domain | Location | |
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Early-stage investing and founder support services are offered globally by Antler.
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Founded Year | Domain | Location | |
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Web3 startups are accelerated and supported by Outlier Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nucanon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nucanon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nucanon Comparisons
Competitors of Nucanon
Nucanon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NPCx, Quest Portal, Bitpart AI, Playfield and Studio Gobo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of AI-assisted solutions for managing storyline content for games
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| domain | founded_year | HQ Location |
Provider of a storyline content solution for game developers
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AI-powered platform enables user-generated content for game developers.
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| domain | founded_year | HQ Location |
Games are discovered, purchased, and sold on an online marketplace.
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| domain | founded_year | HQ Location |
Game content is developed for publishers and developers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nucanon
When was Nucanon founded?
Nucanon was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Nucanon located?
Nucanon is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Nucanon?
Nilu Kulasingham is the current CEO of Nucanon. They have also founded this company.
Is Nucanon a funded company?
Nucanon is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on May 01, 2024.
What does Nucanon do?
Nucanon was established in 2023 in Sydney, Australia, within the AI and creative technology sector. An AI-driven storytelling platform is operated to support collaborative design of games and narratives. Intuitive search capabilities are integrated to function as a copilot for managing canon and lore. A repository is maintained for storing and accessing complex storylines, aiding users in development processes.
Who are the top competitors of Nucanon?
Nucanon's top competitors include Quest Portal, Bitpart AI and NPCx.
Who are Nucanon's investors?
Nucanon has 6 investors. Key investors include Zupee, Futureverse, Skalata, Antler, and Outlier Ventures.
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