Cartwheel, a pioneering New York City-based firm at the forefront of generative automation technology, has successfully completed a $5.6 million seed funding round.
The investment initiative was spearheaded by Accel, with significant contributions from a consortium of investors including Khosla Ventures, Human Ventures, Heretic VC, MVP Ventures, Correlation Ventures, Pelion VC, alongside prominent angels such as Drew Houston, Akshay Kothari, Amjad Masad, and Kyle Parrish.
Intent on leveraging the fresh capital injection, Cartwheel is poised to broaden its operational footprint and intensify its developmental pursuits.
Under the leadership of Co-founder & CEO, Jonathan Jarvis, Cartwheel’s innovative platform brings forth an unprecedented ext-to-animation capability. This platform is adept at synthesizing movements across modifiable 3D assets, offering users more than mere pixel manipulation. Users are empowered to enact sweeping alterations at the click of a button – tweaking character details, shifting camera perspectives, adjusting motion velocities, altering backgrounds, and tailoring text with diverse typographic styles.
Post-animation, Cartwheel offers the versatility to integrate 3D creations into popular game engines or 3D modeling tools such as Unity, Unreal Engine, Maya, or Blender. This functionality unlocks a realm of possibilities for diverse applications ranging from video game development, virtual and augmented reality experiences, to the creation of cinematic pieces, music videos, social media content, advertisements, and beyond.