Move AI announces $10M in Seed funding to make 3D animation more accessible
Move AI, a platform that enables anyone to capture and create 3D animations from human movement, today announced it has raised a $10M seed round with participation from Play Ventures, Warner Music Group, RKKVC, Level2 Ventures, and Animoca Brands. This funding furthers Move AI’s leadership position in markerless motion capture and advances its products to digitise human motion.
Move AI makes it easy to bring realistic human motion to animated characters by turning 2D video into 3D motion data with proprietary technology that uses advanced AI, computer vision, biomechanics and physics. Typically, 3D character animation is time-intensive and expensive because it relies on manual keyframe animation or motion capture solutions that require costly suits and cameras. With this funding round, Move AI will accelerate the development of its 3D animation solutions powered by AI and hire top-talent across engineering, research, marketing, and sales.
- We're particularly excited to see Move AI's impact on reducing development costs and timelines for games companies, - said Kenrick Drijkoningen, General Partner at Play Ventures. - We believe winners in the future will need to use tools like Move AI to stay ahead. In addition we believe this will open up totally new use cases such as user generated content.
- Capture-based animation will soon be an essential element of artistic expression in the metaverse, games, and the proliferation of dredged reality. We decided to make this investment because Move.AI is the first technology company to provide the opportunity to create high-quality avatar motion for any creator, regardless of budget. We assume that in the coming years, there will be a clear difference in market value between the creations of gamers and artists and the animations created by generative AI - concludes Adam Rudowski, General Partner, Level2 Ventures
The company has made significant progress in developing and scaling its motion capture products. Their single-camera motion capture solution, Move One, is currently in an invite-only beta, and enables motion capture with just an iPhone. The public can request early access by joining the waitlist, and the public launch will be later this year.
- Our goal at Move AI is to democratise 3D animation - says Move AI’s co-founder and CEO Tino Millar. - We are excited to use this funding round to double down on our efforts to reduce the cost of 3D animation and make it more accessible to creators.