Cheehoo, an AI animation startup, has raised $10 million in a funding round led by Greycroft.
The round also saw participation from other investors including Point72 Ventures, Basis Set, Headline Asia, Powerhouse Capital, Playground Productions, and Rideback.
This investment marks a major step for Cheehoo as it aims to revolutionise how animations are created.
A Mission to Simplify the Animation Process
Cheehoo is focused on making the animation process faster and easier for creators.
The startup uses AI-powered tools to assist with tasks like data annotation, file conversions, and ensuring format consistency.
By doing this, Cheehoo removes some of the most time-consuming parts of animation production.
Integration With Popular Animation Software
One of Cheehoo’s biggest strengths is its ability to integrate directly with industry-standard software.
It works seamlessly with programs like Maya and Unreal Engine.
This allows animators to make real-time changes without switching between different tools.
In addition, Cheehoo lets users access a variety of AI models, both in-house and third-party, to improve different aspects of their animation projects.
A Strong Team With Deep Industry Roots
Cheehoo was founded by an impressive group of Hollywood executives and top technologists.
The founding team includes Rideback co-CEOs Michael LoFaso and Jonathan Eirich, Rideback co-founder Dan Lin, former DreamWorks Animation President Chris deFaria, and ex-Apple AI researchers Hubert Tsai and Wei-Cheng Kuo.
This unique blend of Hollywood experience and technical expertise positions Cheehoo for long-term success.
Future Plans to Expand to Consumer Markets
While Cheehoo’s initial focus is on professional animators, the company has big plans for the future.
Cheehoo aims to expand its platform to offer more consumer-facing products.
The goal is to make high-quality animation accessible to a wider range of creators, including hobbyists and smaller studios.
By lowering the barriers to entry, Cheehoo hopes to unleash a new wave of creativity in the animation world.
A Promising Future for AI in Animation
Cheehoo’s $10 million funding shows that investors believe in the power of AI to change the animation industry.
As animation demands continue to grow across film, TV, and online content, efficient tools like Cheehoo’s will become even more important.
With strong financial backing and a clear vision, Cheehoo is well on its way to becoming a major player in the animation technology space.
The future of animation looks brighter — and faster — thanks to innovations like Cheehoo.