Kinetix, a Paris, France-based AI-assisted 3D animation company, raised $11M in Seed funding.
The round was led by Adam Ghobarah, Founder of Top Harvest Capital, with participation from The Sandbox & Zepeto, Sparkle Ventures, co-managed by Animoca Brands, Entrepreneur First, and entrepreneurs including Alexandre Yazdi (CEO of Voodoo), Xavier Niel (Founder of Station F), and William O’Farrell (Founder of Body Labs and After Effects).
The company intends use the funds to increase growth, expand operations, and to broaden its business reach.
Kinetix, founded by Yassine Tai and Henri Mirande in 2020, is a no code platform that allows Web3 content creators and Web3 users to turn any video into 3D animated avatars. Everybody can upload video clips to the platform to create fully-featured 3D animated avatars that can be shared and integrated into virtual worlds. This will allow for new ways to express oneself in the Metaverse, which will increase engagement and enable the creation of new types of user-generated content (UGC). Everyone can now create virtual world films, concerts, group dances, or video games with it.
The Kinetix library contains assets from Adobe Mixamo, Ready Player Me and Ready Player Me.