AI animation startup Cheehoo has secured $10 million in funding from Greycroft. The investment aims to streamline the traditionally labour-intensive animation process, which involves storyboarding, rendering, composition, and lighting. Cheehoo's technology seeks to automate and accelerate these steps, potentially reducing production times and costs for animation studios.
The funding will likely be used to further develop Cheehoo's AI-driven animation tools and expand its market reach. By automating key aspects of animation production, Cheehoo aims to empower creators to produce high-quality content more efficiently. This could have a significant impact on the animation industry, making it more accessible to independent creators and studios with limited resources.
Cheehoo's approach could democratise animation production, allowing for faster turnaround times and reduced costs. The investment from Greycroft signals confidence in the potential of AI to transform creative industries and highlights the growing interest in AI-powered solutions for content creation.
