Reface, a Kyiv, Ukraine-based AI app for a video and GIF face-swaps, raised $5.5m in seed financing.
The round was led by Andreessen Horowitz with participation from TQ Ventures as well as as Ilkka Paananen, David Helgason, Scooter Braun, Adam Leber, Josh Elman, Jelly and Sriram Krishnan, Matt Stone, Trey Parker, Peter Serafinowicz, Bryan Baum, Matt Kives, and Natalia Vodianova.
Founded by Roman Mogylnyi, Oles Petriv, Yaroslav Boiko, Denys Dmytrenko, Kyrylo Syhyda, Dima Shvets and Ivan Altsybieiev, Reface provides an app that allows users to snap a picture of face and apply likeness to any number of celebrities, without needing any After Effects or VFX knowledge. Within seconds, users can export their creations to a multitude of formats including animated GIF and standard video formats and share them with friends on social media.
To achieve realistic images, the startup uses advanced machine learning methods, including GAN (generative adversarial network).
To guarantee users’ data safety, Reface makes sure that the original photo of the person is deleted within 24h from the cloud (usually, in 1 hour).
FinSMEs
11/12/2020