LionRocket, a Seoul, Korea-based AI video generation startup making its way to revolutionize customer experiences with their digital human technology, raised $5.5 million in Series A funding.
The round was led by ID Ventures, Daesung Private Equity, Harang Invest, IBK Industrial Bank of Korea, and an existing investor, T Investment.
LionRocket plan to extend more virtual avatar selections and provide multilingual support for global use, allowing users to have more access to models with various tones and emotions.
Company: LionRocket Inc.
Round: Series A
Funding Month: December 2021
Lead Investors: ID Ventures, Daesung Private Equity, Harang Invest, IBK Industrial Bank of Korea, and T Investment
Company Website: https://www.lionrocket.ai/
Software Category: AI digital human video platform
About the Company: LionRocket specializes in deep-learning-based voice and video synthesis to create digital humans, also known as ‘virtual humans’ or ‘artificial humans. Currently, the company operates a B2C service called OnAir Studio (onairstudio.ai) to help content creators experience LionRocket’s digital human platform. By simply typing in text, creators can generate video spoken by a realistic digital human. LionRocket aims to reinvent the video content market by integrating digital humans into the content creation process allowing content creators to automate any time-consuming manual process. The platform also contains a big selection of synthetic voices to choose from. Hence, cameras and microphones are needless in the video production process as digital humans will replace the tiresome routine.