Cheehoo Raises $10 Million in Funding

by Kay Aloha Villamor in April 29th, 2025

Cheehoo, a Los Angeles, CA-based startup building AI-powered tools to simplify animated content creation, has raised $10 million in funding. 

Investors 

The round was led by Greycroft, with participation from Point72 Ventures, Basis Set, Headline Asia, Powerhouse Capital, Playground Productions, and Rideback. 

Greycroft is a venture capital firm that invests in seed-to-growth stage companies. It partners with entrepreneurs aiming to build category-defining companies focused on sectors such as software, sustainability, and consumer brands. The firm has offices in Los Angeles and New York City. 

Cheehoo Use of Funds 

The company will use the funding to advance its AI-driven animation tools, expand integrations, and develop more consumer-facing products. 

About Cheehoo 

Founded by Michael LoFaso, Jonathan Eirich, Dan Lin, Chris deFaria, and AI experts Yao-Hung Hubert Tsai and Wei-Cheng Kuo, Cheehoo is an AI-powered animation platform designed to simplify and enhance the animation creation process for artists, studios, and intellectual property (IP) owners. Its tools help creators rapidly prototype and iterate on animations by assisting with data annotation, file conversions, and ensuring format consistency. Headquartered in Los Angeles, CA, the company collaborates with streamers, studios, brands, and IP rightsholders to develop custom AI models. 

Funding Details 

Company: Cheehoo Labs, Inc. 

Raised: $10.0M 

Round: Unknown 

Funding Date: April 2025 

Lead Investor: Greycroft 

Additional Investors: Point72 Ventures, Basis Set, Headline Asia, Powerhouse Capital, Playground Productions, Rideback 

Company Website: https://www.cheehoo.com/  

Software Category: Animation Software / Creative AI Tools 

Source: https://techcrunch.com/2025/04/28/ai-animation-startup-cheehoo-lands-10m-funding-from-greycroft/

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