On June 6, 2024, the New York, USA-based startup specializing in AI-generated 3D animationCartwheelannounced it has raised $5.6 million in seed funding. The round was led by Accel, with participation from Khosla Ventures, Human Ventures, Heretic VC, MVP Ventures, Correlation Ventures, Pelion VC, and several angel investors.
The company plans to use the raised funds to further develop its AI-driven 3D animation generation technology to help creators create animations from scratch faster and more easily.
Cartwheel is a startup focused on using artificial intelligence to simplify the 3D animation production process. It was co-founded by Jonathan Jarvis and Andrew Carr in 2023. Jonathan Jarvis is the company's co-founder and CEO, and is also an animator; Andrew Carr is the company's co-founder and chief scientist. The company uses artificial intelligence technology to generate basic 3D animations through simple text descriptions, thereby helping animators skip the complex animation production process and focus on more expressive tasks.
(Source:TechCrunch）