Viggle AI: $19 Million (Series A) Raised To Transform Character Animation With GenAI

By Amit Chowdhry • Aug 26, 2024

Viggle AI, a Canada-based company transforming character animation through generative artificial intelligence, today announced it has raised $19 million in Series A funding led by Andreessen Horowitz (a16z), with participation from additional investor Two Small Fish. This funding round round will enable Viggle AI to continue to scale, accelerate product development, expand its team, and solidify its position as a leader in controllable video generation and AI animation.

This new funding round comes during a time of explosive growth for the company, parallel with consumer demand for AI tools that are user-friendly and support the technology’s foray into mainstream. Viggle AI was launched to simplify the animation process by enabling users to create lifelike animations using simple text-to-video or image-to-video prompts. Its proprietary JST-1 technology is the first video-3D foundation model that’s built with a genuine understanding of physics, enabling the creation of realistic character movements.

Viggle AI’s capabilities have been highlighted when videos recently started circulating of Joaquin Phoenix’s Joker persona replacing rapper Lil Yachy’s walkout at the Summer Smash Festival. The platform’s intuitive interface and powerful AI capabilities captured the attention of millions of users ranging from professional animators, major streamers, and production studios to content creators, and memesters. And Viggle AI already established a vibrant community on Discord, attracting 4 million members to date, where novice and experienced animators have been able to gain insights from one another and push the boundaries of their creative projects.

Along with its core offerings, Viggle AI has launched the Viggle Creator Program, designed to empower artists and creators with exclusive benefits. And members of this program receive a Viggle Pro subscription, an additional 1,000 credits (equivalent to 250 minutes of video), early access to new features, and opportunities to connect with fellow creators through an exclusive community channel. This program aims to support up-and-coming talent and established professionals in pushing the boundaries of AI-powered animation.

For professional animators, game designers, and VFX artists, Viggle AI is streamlining the ideation and pre-production process enabling them to focus on their creative vision and ultimately reduce production timelines. And for content creators and everyday users, Viggle could generate high-quality animations using simple prompts to create engaging animated character videos within a matter of minutes.

Viggle was co-founded by Hang Chu, who serves as the CEO. And his experience in the tech and entertainment sectors has contributed to Viggle’s success, strategic direction, and vision in utilizing AI for animated content production. Before Viggle, Chu held positions at AutoDesk, Facebook, and NVIDIA.

KEY QUOTES:

“We are excited to welcome a16z and Two Small Fish as partners in our next phase of growth. Their investment not only affirms our vision but also empowers us to redefine the possibilities in AI-driven character animation. As more people seek to integrate AI for a more enjoyable and accessible creative process, Viggle helps seamlessly align consumer demand by combining the best methodologies for building and scaling AI. We look forward to expanding the reach of our technology to an even broader audience and expanding the boundaries of creativity for everyone.”

  • Hang Chu, CEO and co-founder of Viggle AI

“Viggle AI is helping drive a major shift in how content creators approach creation with character and scene consistency. We’ve been impressed with Viggle’s early momentum and the user base it’s already achieved, and we can’t wait to see where their continued innovation will take us.”

  • Justine Moore, partner at Andreessen Horowitz

“Viggle represents the future of content and will upend the entertainment industry much like Wattpad did. As an advisor, I’ll provide guidance that’s rooted in my real-life experience of building a global entertainment platform from the ground up. I’m excited to further disrupt the entertainment industry with Viggle and change how content is created and remixed in the age of Generative AI.”

  • Two Small Fish Operating Partner and Co-Founder/ex-CEO of Wattpad Allen Lau