Artificial Intelligence (AI)-assisted 3D animation platform Kinetix secured an $11 million funding round to develop content that humanizes the metaverse, Globe News Wire reported.
Top Harvest Capital founder and former Google and Google Ventures executive Adam Ghobarah led this funding round with The Sandbox and ZEPETO (NAVER Z) platforms.
Also participating:
- Sparkle Ventures.
- Animoca Brands.
- Entrepreneur First.
- Alexandre Yazdi (CEO of Voodoo).
- Xavier Niel (founder of Station F).
- William O’Farrell (founder of Body Labs and After Effects).
https://twitter.com/Kinetix_studio/status/1521858633407115265
“I considered Kinetix for this round of funding because of the human quality of its founders, the quality of its technology and the reach its artificial intelligence tools have in Web 3.0,” said Adam Ghobarah.
To date, Kinetix has raised $12.5 million to realize its goal of making content in the metaverse more human, as well as enabling rewards in this virtual world.
New forms of expression in the metaverse
Thanks to the alliance between Kinetix, The Sandbox and ZEPETO, the 3D animation platform will seek to leverage user-generated content in Web 2.0 and Web 3.0.
This will enable “new forms of expression” in existing and future metaverses for new categories of user-generated content to emerge in cryptogames.
“Kinetix’s technology will facilitate the creation of animations to define the future of digital expression and its monetization in Web 3.0″, said The Sandbox COO Sebastien Borget.
For his part, Kinetix co-founder and CEO Yassine Tahi said Kinetix will create a platform that drives user content in the metaverse.
“By making creation fast and easy, we will enable millions of users to design their own animated avatars and express their personalities in a free and fun way,” he said.
He further stressed that this funding round sets the stage for fostering partnerships with new virtual worlds.
Here is a video of my daughter dancing. Video was captured with @Apple iphone 13 and then animated & rigged in @Kinetix_studio. #3DModel can be later used for #AugmentedReality in @SparkARStudio , @SnapAR or @tiktok_us Effect House with changeable avatars like @readyplayerme 🔥🚀 pic.twitter.com/2XITFHXa68
— Daniel Pikl (@danielpikl) May 7, 2022
Origin of Kinetix
Kinetix is a company that was founded in 2020 by Yassine Tahi and Henri Mirande.
In this Artificial Intelligence metaverse all its participants can produce movies, concerts, group dances and video games.
Kinetix is made up of 30 engineers, 3D animation experts, game developers and programmers who aim to humanize the metaverse.