Viggle AI Raises $19 Million in Series A

Viggle AI Raises $19 Million in Series A

Viggle AI, a Toronto, Canada-based startup revolutionizing character animation through generative artificial intelligence, has raised USD 19 million in Series A funding.

The round was led by Andreessen Horowitz (a16z), with participation from Two Small Fish.

Andreessen Horowitz (a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. The firm invests in companies from seed to growth stages across various sectors, including AI, bio + healthcare, consumer, crypto, enterprise, fintech, games, infrastructure, and American dynamism. a16z manages $43B in assets across multiple funds.

Viggle AI will use the funding to accelerate product development, expand its team, and strengthen its position in AI-powered video generation and animation.

Founded by Hang Chu in 2022, Viggle AI leverages artificial intelligence to empower users of all levels to create high-quality animated content effortlessly through simple text prompts. The company's proprietary JST-1 technology incorporates a deep understanding of physics, enabling the creation of lifelike character movements and expressions. Viggle is a product of Warp Engine, reshaping content development within the animation industry.

Funding Details

Company: WarpEngine Canada Inc.

Raised: $19.0M

Round: Series A

Funding Date: August 2024

Lead Investor: Andreessen Horowitz (a16z)

Additional Investors: Two Small Fish

Company Website: https://viggle.ai/

Software Category: Animation