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 to use the funds to accelerate growth and expand operations, and its business reach.
Founded in 2020 by Yassine Tahi and Henri Mirande, Kinetix is a no-code platform allowing Web3 and content creators to transform any video into 3D animated avatars. By uploading video clips into the platform, everybody can generate fully featured 3D animations to share and integrate into virtual worlds, opening up new ways of self-expression in the Metaverse that will boost engagement and lead to the emergence of new categories of user-generated content-based (UGC) games and experiences. With it, everyone can now produce films, concerts, group dances and video games for virtual worlds.
The Kinetix library includes assets from Adobe Mixamo and Ready Player Me.