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[Funding News] NYC-based Cartwheel Secures $5.6Million in Seed Funding

Cartwheel, a provider of a generative automation platform, secures $5.6million in seed funding. Accel spearheaded the round, which also included participation from angel investors Drew Houston, Akshay Kothari, Amjad Masad, and Kyle Parrish, as well as Khosla Ventures, Human Ventures, Heretic VC, MVP Ventures, Correlation Ventures, and Pelion VC.

Cartwheel, a provider of a generative automation platform, secures $5.6million in seed funding. Accel spearheaded the round, which also included participation from angel investors Drew Houston, Akshay Kothari, Amjad Masad, and Kyle Parrish, as well as Khosla Ventures, Human Ventures, Heretic VC, MVP Ventures, Correlation Ventures, and Pelion VC.

The money will be used by the business to grow both its operations and growth initiatives.
Cartwheel offers an ext-to-animation platform that synthesises motion on editable 3D elements, not simply pixels, so users can collaborate with their animation. The platform is led by Jonathan Jarvis, Co-founder & CEO.

Read also – [Funding News] TX-based Vantage Discovery Secures $16Million in Series A Round Funding

With a single click, they may make significant modifications, alter the character, camera angle, motion speed, background, and aspect ratio, and add text using editable typography.

After utilising Cartwheel for animation, users can choose to export their 3D designs into game engines or 3D software such as Unity, Unreal Engine, Maya, or Blender.
Game creation, VR and AR, movies, music videos, social media posts, advertisements, and more are examples of applications.

About Cartwheel

Cartwheel are developing a generative animation platform to enable you to narrate stories in ways you never would have imagined—faster, more imaginatively, and artistically.

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