Viggle AI, a Toronto, Canada-based startup empowering character animations through generative artificial intelligence, raised $19M in Series A funding.
The round was led by Andreessen Horowitz (a16z), with participation from additional investor Two Small Fish.
The company intends to use the funds to continue to scale, accelerate product development, expand its team, and solidify its position as a player in controllable video generation and AI animation.
Led by CEO Hang Chu, Viggle AI is a startup leveraging artificial intelligence to empower users of all levels to create animated content through text prompts. The company’s proprietary JST-1 technology incorporates a understanding of physics, enabling the creation of lifelike character movements and expressions.
In addition to its core offerings, Viggle AI has launched the Viggle Creator Program, designed to empower artists and creators with exclusive benefits. Members of this program receive a Viggle Pro subscription, an additional 1,000 credits (equivalent to 250 minutes of video), early access to new features, and opportunities to connect with fellow creators through an exclusive community channel. This program aims to support both up-and-coming talent and established professionals in pushing the boundaries of AI-powered animation.
FinSMEs
26/08/2024