Belgium-based 3D animation software company Swoove Studios has closed a $7.5M (€6.9M) seed funding round led by European angel investors.
The round brings the total raised to $11M since its launch in 2020. The company has kicked off a strategic review as it continues to scale across Europe. It launched this month in the US. Swoove's proprietary platform, powered by AI, enables users to create unique 3D animation videos without any prior experience.
Creators use Swoove's platform to create 3D animations. The app offers a diverse set of tools and features that cater to all levels of expertise, from beginners to seasoned creator, and is used in over 100 countries.
Rudy Verbeeck, CEO and Co-founder of Swoove Studios, said: “Swoove is the future of 3D animated storytelling. We have created a unique platform and become the go-to for 3D animation globally.
"We are thrilled to announce the completion of our latest funding round, and now plan to implement exciting updates to give users more of what they’re asking for, including building opportunities for monetisation and allowing further integration with other services for new brand and platform partnerships.
"As part of this incredible demand and opportunity, we want to work with a like-minded partner to help us achieve our potential and scale further.”
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