Cinnamon, the developer of the 3D-based AI video solution 'CINEV', announced on the 5th that it had attracted 11 billion won in new investment.
Cinnamon was participated by Altos Ventures and Saehan Venture Investment in this investment, and Altos Ventures made the second investment as an existing investor. Since its establishment in 2019, Cinnamon has been advancing its video production technology by utilizing AI and 3D technology in a hybrid manner. The CineV developed this time is a system that implements videos in a virtual 3D space using AI technology based on the story entered by the user. Users can freely edit the actors’ performances, camera direction, lighting, background, etc., providing a new type of platform that allows anyone to produce videos like a movie director.
CineV is evaluated as more stable than existing generative AI video services in terms of consistency, physical characteristics, and editing functions by first building a 3D physical space and then individually implementing characters, actions, lighting, cameras, etc. on top of it. In particular, the 'physical AI' model that considers interaction with the physical environment has been attracting attention in the global AI industry recently, and CineV is also reflecting this direction by providing a service with scalability and stability.
A Cinnamon official said, “We are pleased that this investment has secured growth momentum that will allow us to compete in the global AI market,” and added, “We will focus on stably launching the service within the first half of this year and conveying Cinnamon’s unique usability and convenience to customers.”
An official from Altos Ventures said, “The Cinnamon team has developed tools for creative producers by implementing sophisticated images combined with AI based on their 3D production know-how. CineV has the potential to change the landscape of the future video production and content market, which is why we decided to make this investment.”
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