Loom.ai, a San Francisco, CA-based provider of mobile solutions for building and animating personalized, 3D avatars at scale, raised $3M in seed funding.
Samsung Venture Investment Corporation made the investment.
The company intends to use the funds to accelerate recruiting, additional partnerships and the continued development of its fully embedded SDK solution.
Led by Mahesh Ramasubramanian, co-founder and CEO, Loom.ai provides mobile deep learning, computer vision and visual effect powered solutions for building, animating and sharing personalized, 3D avatars, enabling a new era of virtual communication.
In seconds, Loom.ai can take a single photograph and transform it into a 3D avatar as personalized as the individual by recognizing features that make each face unique. Animatable and expressive in real-time, these avatars can be used to power current and future applications in mobile messaging, entertainment, AR/VR, e-commerce, video conferencing, broadcasting and more.
Recently, the company Loom.ai announced a partnership with Samsung to power AR Emojis – fully customizable, personalized, 3D avatars – on the new Samsung Galaxy S9 and S9+ devices.
Digital media executive David Anderman and Stanford Professor Jeremy Bailenson have joined the company’s advisory board.