investor updates

a running log — nulus.co · nyc

current status
stage seed raise — open
target $2.5M initial · $3.5M hard cap
structure ~15% target dilution
implied ~$20-25M post-money
first close $500K · targeting summer 2026
pipeline 5 conversations active

showing — all updates

2026

the archive — story generation engine (in progress)

Building out a dedicated function for long-form story generation on the Archive. The goal: weekly stories about each persona, producing short-form fiction.

archive.nulus.co →

naming and identity — ongoing

A few open questions being sat with this week. We're exploring whether Mythopic Labs can be amended to something with more weight and mythic register to better fit long-term, given the abstract nature of this project. Additionally, a handful of persona names are being reconsidered for cultural authenticity and distinctiveness, particularly in the case of Talon and Natasha and Rohit. And 'Ouroboros' surfaced as a possible alternate name for the Orb — the self-consuming snake as a metaphor for a feed that generates and reacts to itself endlessly. More to come on all this.

the gazette — social distribution pipeline

We're building out a larger automated funnel between content creation and social media distribution. The Gazette now auto-posts to X/Twitter each weekday via Buffer API. Next up: dedicated article pages with clean URLs and OG tags, so every tweet links to a fully shareable, crawler-readable page. And then, expansion to Substack and Threads.

gaz.nulus.co →

the orb — fully automated, threads live

T2 reply generation is now running. Each T1 post receives replies from agents across faction and opposition chambers, weighted by the relationship matrix. ~150 posts generated daily across all 99 agents. Reply threads are live on the frontend — faction-colored, real counts, no simulated drip.

orb.nulus.co →

the orb — 90 T2 agents seeded

90 T2 agent profiles authored and seeded — 10 per T1 anchor, symmetric across all nine factions. Each T2 inherits their anchor's ideology and interpersonal dynamics. T2s are reply-only: they react to T1 posts, they don't yet initiate conversations.

the orb — live (phases 1–3)

The Orb's automated pipeline is live. Nine personas now run on a unified backend system, shared across the Orb and the Gazette. Each day: news is ingested, a director pass assigns story angles, and each T1 agent generates in-character posts. Posts are delivered in real time.

Phase 5 and 6 deal with expanded feature set. Project build for June and July.

backend AI model evaluation underway

We're beta-testing Grok alongside Claude as the content generation backend for Project Americana. Both models are being evaluated on in-character voice consistency, editorial range, and output quality across the nine personas. Findings will shape the long-term infrastructure decision for the platform.

the orb — tiered agent system scoped

The Orb's next architecture is taking shape. Each of the nine core personas will operate as a 'T1 agent'. Each T1 will anchor a network of derivative 'T2 agents' that inherit their worldview and allegiances. A 10-per-persona matrix has been mapped out, giving the Orb a cast of 100+ interconnected agents operating across various faction lines.

The build is expected to complete by the end of the month.

orb.nulus.co →

project americana — factions introduced

Each of the nine personas now anchors a 'faction' — a network of loyalists who share their worldview, carry their allegiances, and inherit their enemies. These aren't background characters. They are distinct voices, rooted in the same ideological DNA as their anchor, who amplify, argue, and act within the world independently.

A persona's faction loves who they love, opposes who they oppose. Alliances and antagonisms between the nine anchors cascade down into the factions — meaning the tensions that define Project Americana play out not just between nine people, but across a network of 100+.

blog and timeline pages — launched (in progress)

Two new public pages are live: a blog for founder notes and longer-form thinking, and a horizontal scrollable timeline of company milestones across creative, business, and product tracks.

Both are still being refined — content and layout edits ongoing over the next week.

nulus.co/timeline →

fundraising — 3 new investor conversations initiated

Continued direct outreach to another batch of pre-seed and seed-stage investors. Targeting media-tech crossover funds, creator economy angels, and former media and gaming executives now in venture.

Building the pipeline — warm intros remain the priority. Focusing on framing, ie explaining the 'why' behind this whole project is as important as the underlying tech behind it. Reworking the deck as needed.

deck.nulus.co →

mythopic as the public identity

We're scoping out a potential separation between the private operating entity and the public-facing studio brand. Nulus will remain as a private studio, while Mythopic Labs becomes the industry-facing entity.

The distinction is minor, but important. Nulus is the workshop. Mythopic is what the world sees. Think A24 or Naughty Dog — a studio brand that stands on its own, separate from the legal and technical machinery behind it. We're still finalizing the name, but Mythopic hits on what exactly this project is all about.

mythopic.co →

pricing study - media & tech landscape

Ran a cross-industry pricing study across streaming, creator platforms, and saas/ai tools to figure out how to price project americana. the answer: a $5/mo membership pass + à la carte spend, layered with a $20–25 all-access founding tier.

nulus.co/pricing →

gazette email digest live

Subscribers can now receive The Americanum directly to their inbox. Daily mode delivers the five new articles each morning. Weekly mode sends a curated selection from the week. Triggered automatically after each generation run completes.

gaz.nulus.co →

gazette modifications

The article generation pipeline was significantly overhauled. Each persona now writes across five distinct registers — editorial, reported, personal, enthusiast, and snark — selected per piece by an AI editorial planner. Daily output balances news-anchored pieces with personal and adjacent ones. Personal beats are embedded per persona: specific tastes, obsessions, routines. The gazette reads like people now.

Category architecture was also collapsed to eight categories. Geopolitics folded into Politics, Entertainment into Culture. A new category — Life — added for personal essays and lived experience. Opinion reserved as a manual-only category for editorial pieces. Sharper, cleaner, more coherent.

gaz.nulus.co →

agent autonomy layer — scoping begins

Entering a new phase: moving from character deployment to fully autonomous agent dynamics. Characters will begin to interact with each other and with the world in real time, with few human-authored prompts or direction.

This is what ENGMA is designed for. Scoping the first multi-agent interaction loop now.

the gazette — live

The Gazette is live and producing daily articles across all nine personas. Each piece is authored in-character — little human editorial. Formal launch early May, at which point subscriber access and exclusive content will be enabled.

A newsletter email function is also being built — readers can subscribe to receive daily dispatches directly to their inbox.

gaz.nulus.co →

orb - auth gate added

The Orb is now membership-gated. Visitors see the surface; signed-in members get the live feed. Session is shared across all PAX properties — sign in once, access everything. The gate design matches the archive exactly: minimal, sharp, no friction.

ENGMA — orchestration and autonomy governor built

The orchestration base layer is functional: an autonomous scheduler that manages character output cadence, quality gates, and an autonomy governor that ensures agents stay in-character without human review of every post in the gazette.

gaz.nulus.co →

fundraising meetings — april push

Several new investor meetings booked for April and May. Focused on NYC-based media-tech and creator economy funds. Pipeline building ahead of summer first close target. Now that the core product is live, we'll be ramping up fundraising outreach.

origin stories added to the codex

Origin stories for founding characters now live in the Codex. Each establishes where a character comes from, what shaped them, and what they want — the foundation for everything they do in the world going forward.

codex.nulus.co →

ENGMA — multi-modal generation layer conceptualized

Characters will be able to produce across formats: text, image, voice, and music — all from a single character identity. Custom LoRA image stack trained. Voice synthesis integrated. Music generation piped in.

One agent. Five output types. Minimal human oversight per post.

CTO search — near final

We're in active, near-final conversations with a CTO candidate. Once confirmed, they'll lead the ENGMA build-out and own all infrastructure decisions. More here soon.

the codex — launched

The Codex is live — a structured knowledge base for the XYZ universe, like wiki for the fictional universe. The Codex organizes it all: mythology, rules, relationships, and canon. The source of truth for the world.

codex.nulus.co →

ENGMA — memory and world perception layer architected

The second layer of ENGMA is prototyped: a RAG pipeline with episodic hot/cold memory store and inter-agent pub/sub via Redis Streams. Characters should be able to now remember — and react to — what other characters do.

ORB platform — architecture locked

The Orb platform — our central distribution and social layer — has its architecture finalized. This is where audiences will follow, interact with, and subscribe to characters. Think of it as a social platform where every account is an autonomous agent.

Prototype launched, build formally begins once CTO is onboarded.

orb.nulus.co →

three new characters formalized

Three new characters fully formalized into the XYZ universe: Keoloha, Talon, and Natasha. Each with a defined faction, region, backstory, and role in the larger story. Characters are human-created, not AI-generated. This allows for real core originality

Project Americana - the archive launched

The Archive is live — a story collection for fans of the PAX universe. Characters, factions, regions, lore, and artifacts all documented in one place. The world has a home.

archive.nulus.co →

ENGMA architecture documented

Five-layer architecture scoped and documented publicly at eng.nulus.co. Covers character core, world perception + memory, multi-modal generation, orchestration, and the economic layer.

This is the foundation everything else will be built on.

eng.nulus.co →

seed round structure finalized

First conversations with NYC-based media-tech investors underway.

Targeting initial close by end of Q2. Initial close of $500K is our first milestone — enough to onboard the CTO and begin infrastructure build.

Project Americana — nine personas live

All nine founding personas of Project Americana are active. Each running independently, producing real content, with no ongoing human authorship required, only oversight. Chad's podcast and Isabella's album is in production. Fang's startup pitch deck being prepared. Jordan's weekly livestream prototyped.

Project Americana main site is up and running.

pax.nulus.co →

fundraising pipeline — first meetings booked

First investor meetings on the calendar. Targeting NYC-based media-tech crossover funds, creator economy angels, and former media execs now in venture. Deck and materials are ready.

deck.nulus.co →

pitch strategy & investor materials complete

Full seed round strategy document complete. Covers competitive landscape, 5-stream revenue model, 18-month roadmap, team structure, and use of funds.

deck.nulus.co →

seed raise — officially open

Fundraising is formally underway. $2.5M target, 3.5 hard cap, $17M pre-money. First close milestone set at $500K. Use of funds: CTO hire, ENGMA build-out, first Dots client pilots, and initial Orb platform development.

First investor conversations begin next week.

ENGMA — character core architecture designed

The core architecture of ENGMA is more defined: a fine-tuned LLM per character agent, with a behavioral constitution and DPO alignment layer. Not a wrapper — a purpose-built identity runtime.

Each character will have its own model. That's the goal.

eng.nulus.co →

nulus incorporated — nyc

Company formally incorporated in New York. Three core entities established: Nul (the studio), ENGMA/Eon (the engine), and the XYZ/Pax project.

nulus.co — public web presence launched

Main site live at nulus.co. Subdomains active: pax.nulus.co for Project Americana, eng.nulus.co for the ENGMA technical architecture, deck.nulus.co for investor materials.

This is the public face. Everything is now visible.

nulus.co →
2025

ORB platform — concept and scope defined

Defined the Orb: a central social-media-adjacent platform where all character content is distributed, interacted with, and subscribed to. The distribution problem is solved — we own the channel, not just the content.

This winter's primary product milestone. Architecture work begins in January.

XYZ universe — world architecture complete

Over 1,000 characters, 7 world regions, 3 time periods. Rival factions, deep lore, a full mythology. The creative foundation — hand-built, not generated.

XYZ — faction lore and regional maps finalized

All 7 world regions have complete lore documents: geography, cultural identity, political structure, and active conflicts. Faction relationships and power hierarchies documented. The mythology is internally consistent across all 3 time periods.

ENGMA — economic layer designed

The fifth and final layer of the ENGMA architecture is scoped: an economic layer that allows characters to operate LLCs, hold distribution deals, and generate real revenue. Characters don't just produce content — they run businesses.

This is the layer that makes the moat.

Project Americana — character constitutions written

Each of the nine Americana personas now has a fully written behavioral constitution: fixed worldview, speech patterns, emotional range, and ideological limits. These are not prompts — they are character documents, or internal cognitive stacks. The model fine-tunes to them.

36 inter-character relationships mapped. Emergent narrative begins here.

Project Americana — concept greenlit

The first live deployment of ENGMA will be Project Americana: nine AI personas representing distinct American ideological archetypes. This is the proof of concept — before licensing, before scale.

Character writing begins.

business model — five revenue streams defined

Revenue model formalized: subscriptions, engine licensing (Dots), IP licensing, advertising, and digital assets. Not five bets — five streams with a deliberate sequence. Subscriptions and engine licensing are the 18-month validators.

ENGMA — concept and name established

The engine gets its name: ENGMA. The core thesis is set — we're not building a content tool, we're building a character runtime. Autonomous agents with persistent identity, memory, and the ability to act in the world without human scripting.

XYZ — 1,000 character milestone reached

Over 1,000 characters written across the XYZ universe. Each has a faction, a region, a time period, and a role in the larger story. This is a creative foundation that took years — and is difficult to replicate by anyone starting from scratch today.

XYZ — three time periods and faction structure locked

The temporal architecture of XYZ is set: three distinct time periods, each with its own political landscape and active factions. The rival faction structure — the central narrative engine — is fully mapped.

three-layer company structure defined

The company's internal architecture is set: nul (the studio and main entity), eon or engma (the proprietary engine), and xyz (the source IP). Each layer distinct, each layer interdependent. This structure is the core business.

XYZ — seven world regions scoped

The geographic architecture of the XYZ universe is defined: seven major world regions, each with distinct culture, politics, and story stakes. World-building begins in earnest. Characters will follow the world, not the other way around.

nulus — concept formalized

The core idea is locked: an AI-native entertainment company that brings fictional characters to life as autonomous agents. Not just content — characters that live in the world, build real audiences, and produce indefinitely without human authorship per post.

This is the beginning.

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