Ukrainian deeptech firm Zibra AI, which specialises in AI-generated 3D property for video games and digital environments, has introduced that it has raised $500,000 as a part of the inaugural Andreessen Horowitz (a16z) Speedrun accelerator program. This funding kicks off the corporate’s present seed funding spherical, and brings its whole funding to-date to $2.5 million.
2024’s Speedrun occasion is has simply opened its doorways to members wanting do likewise. Discover out extra right here.
AI wins the large bucks
Based in 2021, Zibra AI goals to make use of the funding to increase its crew and speed up the expansion of its generative AI know-how. This contains its flagship product, Zibra Results, a Unity Verified Resolution obtainable on a wide range of platforms which has use circumstances in industries resembling gaming, the metaverse, {and professional} coaching. The answer automates the creation of 3D property and visible results, streamlining manufacturing for builders.
“It was an honour for Zibra AI to have been shortlisted within the very first a16z Speedrun this 12 months,” stated CEO and co-founder Alex Petrenko. “It’s the newest funding proofpoint which demonstrates clear investor confidence in our know-how roadmap and imaginative and prescient for the subsequent two years and past. Our generative AI instruments handle the 2 main challenges confronted by builders – creating interactive VFX and producing 3D property and characters. With this new funding, we are able to speed up our plans to develop our tech and additional assist and streamline improvement for video games and all digital experiences throughout industries.”
“We had been instantly impressed with the Zibra AI crew’s means to unravel a number of the most difficult technical issues in laptop graphics,” added a16z funding accomplice Troy Kirwin. “We’re thrilled to be part of their journey to construct an end-to-end 3D content material creation platform.”
Zibra AI was one of many 32 corporations accepted into the a16z speedrun out of 1,600 candidates. The speedrun offers teaching and funding to probably the most promising pre-seed startups within the gaming and tech areas, with every of the accepted corporations receiving an preliminary $500,000 funding and pitching to buyers on the Speedrun Demo Day in June 2023.
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