Wonder Dynamics, a Los Angeles, CA-based startup developing AI-powered production tools, raised $9 million in Series A funding. which brought the total amount raised over the past eight months to $11.5 million.
The round was led by Horizons Ventures, with participation from Epic Games and Samsung Next and existing backers Founders Fund and MaC Venture Capital.
The company intends to use the funds to expand the team of machine learning engineers and CG artists to expedite the development of the Wonder AI Suite.
Company: Wonder Dynamics
Raised: $9.0M
Round: Series A
Funding Month: December 2021
Lead Investors: Horizons Ventures
Additional Investors: Epic Games, Samsung Next, Founders Fund, and MaC Venture Capital
Company Website: http://wonderdynamics.com/
Software Category: AI-driven, cloud-based content creation platform
About the Company: Led by Tye Sheridan, Co-Founder and President, and Nikola Todorovic, Co-Founder and CEO, Wonder Dynamics is advancing the Wonder AI Suite – an AI-driven, cloud-based content creation platform that is expected to launch in 2022. Wonder Dynamics' mission is to develop and combine AI technology with first-class storytelling.
Source: https://www.finsmes.com/2021/12/wonder-dynamics-raises-9m-series-a-funding-round.html