PARIS, May 04, 2022 (GLOBE NEWSWIRE) — Kinetix, a pioneer in AI-assisted 3D animation, announced that it has secured $11 million in seed funding. Kinetix is a no-code platform that allows users to convert videos into 3D animated avatars. By uploading video clips to the Kinetix platform, anyone can generate full 3D animations to share and embed in virtual worlds, opening up new avenues of personal expression in the metaverse.
Kinetix’s $11M seed round is led by Adam Ghobarah, founder of Top Harvest Capital and former longtime executive at Google and Google Ventures, with participation from multiple virtual worlds – The Sandbox & ZEPETO (NAVER Z) . Kinetix has also secured investment from top Web3 players like Sparkle Ventures, co-managed by Animoca Brands, Entrepreneur First, and successful entrepreneurs like Alexandre Yazdi (CEO of Voodoo), Xavier Niel (Founder of Station F) and William O’Farrell ( founder of Body Labs and After Effects).
“Kinetix immediately stood out for me, for the quality of the founders, the quality of the machine learning technology, and the breadth of opportunity for no-code AI in video and Web3,” said Adam Ghobarah, founder of Top Harvest Capital.
With the explosive growth of virtual worlds, there is a need for easy-to-use platforms to create 3D content and to monetize that content. That’s where Kinetix comes in with its AI-powered technology. 3D creation is no longer a complex process, with Kinetix creators simply upload video clips, integrate assets from the Kinetix library, which includes assets from Adobe Mixamo and Ready Player Me, choose their design, and soon have a fully rendered 3D identity! Working with The Sandbox and ZEPETO, Kinetix empowers user-generated content in Web2 and Web3, enabling new forms of expression in existing and future metaverses that will drive engagement and lead to the emergence of new categories of user-generated content. (UGC) games and experiences.
“Our collaboration with Kinetix is very exciting, the promise of their technology is to facilitate the creation of rich animations for avatars from any video capture, helping to define the future of digital expression and its monetization. in the Web3″, said Sébastien Borget, Co-founder and COO of The Sandbox.
“We provide a platform to drive user-generated content into the metaverse,” said Yassine Tahi, co-founder and CEO of Kinetix. “By making creation quick and easy, we’re enabling millions of users to design their own animated avatars and express their personalities in a free and fun way. This major round of seed funding paves the way for the realization of our vision to humanize the metaverse and foster partnerships with the most exciting virtual worlds such as The Sandbox and ZEPETO.
A full press kit, including logo, screenshots and key images is available here: https://uberstrategist.link/kinetix-presskit.
You can find more information about Kinetix by following them on Twitter, Discord, LinkedIn, Youtube, instagram, ICT Tac, Facebook and the official website: https://kinetix.tech.
Founded in 2020 by Yassine Tahi and Henri Mirande, Kinetix created a no-code platform allowing Web3 and content creators to turn any video into 3D animated avatars. Kinetix’s free AI-powered platform makes 3D creation accessible to millions of creators around the world.
With Kinetix, anyone can now easily produce movies, concerts, group dances, and video games for virtual worlds. The Kinetix team of 30 passionate deep learning engineers, 3D animation experts, game developers and writers is on a mission to humanize the metaverse.
Ted Brockwood, Alex Handziuk
UberStrategist Inc. on behalf of Kinetix