Yellow, a Palo Alto, CA-based startup that provides a Gen AI-powered 3D modeling tool, has raised $5 million in seed funding.
Investors
The investment came from A16z Games.
A16z Games is a venture capital firm that focuses on investing in games and technology companies that are reinventing the future of game development with generative AI.
Yellow's Use of Funds
The company will utilize the funding to enhance its YellowSculpt tool, which enables artists to generate clean, pre-rigged 3D character meshes based on a text prompt in under three minutes. Yellow aims to expand its capabilities to include generating fantasy characters and lifelike expressions and motion. Additionally, the company plans to investigate creating immersive 3D environments where these characters can interact.
About Yellow
Founded in 2023 by Mandeep Waraich and Vincent Sitzmann, Yellow focuses on empowering human creativity through AI by building tools that make character creation accessible to all. Yellow combines deep AI research capabilities with product and commercial instincts to enable the next chapter of human creativity. Its YellowSculpt meshes integrate seamlessly with top game engines like Unity, Unreal, and Roblox, as well as other 3D authoring tools like Daz Studio, Maya, and Blender.
Funding Details
Company: Yellow Technologies, Inc.
Raised: $5.0M
Round: Seed Round
Funding Month: May 2024
Lead Investors: A16z Games
Additional Investors:
Company Website: https://yellow3d.com/
Software Category: Gen AI 3D Modeling
Source: https://venturebeat.com/games/yellow-raises-5m-from-a16z-for-gen-ai-powered-3d-modeling-tool/