Pantheon Lab, a Hong Kong-based deep-learning startup, announced that it raised seed funding led by Alibaba Hong Kong Entrepreneurs Fund (AEF), managed by Gobi Partners GBA.
The company will use the funds for business scale-up and roll out a SaaS platform in Q4 of 2022. AIDOL Studio dubbed the "simplest" tool on the internet for creating virtual humans from scratch, is a one-stop platform that allows a wide range of users to generate high-quality presentation movies.
"At Pantheon Lab, we believe that the potential for virtual humans is infinite, and it's clear that we're not the only ones as more sectors adopt digital mediums and grow their cyber services," said Ivan Lau, Chief Executive Officer and Co-founder of Pantheon Lab. "That's why we're extremely excited to have AEF onboard as a strategic investor to help us take the next step to grow even faster and innovate new technologies that will serve every industry from finance, banking, education, healthcare, & well-being to retail and entertainment."
In addition to expanding its digital services over the past quarter, the AI-driven company has grown its working team to over thirty members across multiple regional offices and received a steady increase in sales orders from clients in Asia, Europe, and North America.
Company: Pantheon Lab Limited
Raised: Undisclosed
Round: Seed Round
Funding Month: November 2022
Lead Investors: Alibaba Hong Kong Entrepreneurs Fund (AEF)
Additional Investors:
Company Website: https://www.pantheonlab.ai/
Software Category: Visual Content Solutions
About the Company: Founded in 2019, Pantheon Lab is a deep-learning startup and a member company of the Inch-Tech Programme, HKSTP. The company uses deep-learning technology to create cutting-edge AI-driven applications for the marketing, creative, and content industries. In 2022, Pantheon Lab launched its first digital human ecosystem – AIDOL, building life-like quality digital humans with emotions and converse like a human. The startup focused on research and developed the next generation of realistic virtual human technology and video content automation with AI.
Source: https://www.prnewswire.com/news-releases/pantheon-lab-raises-seed-funding-led-by-alibaba-hong-kong-entrepreneurs-fund-to-grow-its-ai-powered-digital-humans-301672381.html