Fundraising

Beeble AI raises $4.75M to launch a virtual production platform for indie filmmakers

Comment

Image Credits: Beeble AI / Beeble AI

Visual effects (VFX) have emerged as essential in filmmaking and have transformed storytelling and creativity in the film industry with its diverse digital techniques. However, the high cost of VFX tools often leaves independent filmmakers and content creators working with modest budgets struggling to compete with larger productions. A new company, Beeble AI, is turning to AI to address this problem.

The South Korea-based VFX startup has developed virtual lighting solutions for filmmakers and visual effects artists to address the high cost of creating top-shelf, Hollywood-level visual effects and level the playing field in the film industry, empowering indie filmmakers and content creators to compete with larger productions.

The startup has now secured $4.75 million in seed funding led by Basis Set Ventures with participation from Fika Ventures at a valuation of $25 million, Beeble AI CEO and co-founder Hoon Kim told TechCrunch.

Beeble AI was founded in 2022 by five co-founding members who previously worked at the AI research and machine learning team of the South Korean game publisher Krafton. The co-founders, involved in AI-driven content creation, realized that no AI startup focused on “lighting,” which they thought was a crucial element in filmmaking and photography, leading to Beeble AI’s birth.

Beeble’s main product is SwitchLight Studio, a desktop app that offers relighting and composition within virtual environments. (SwitchLight Studio will be rebranded as Virtual Studio in the third quarter of this year, notes Kim.)

“While our initial focus was on virtual lighting, we are now shifting towards developing comprehensive virtual [production] studios,” Kim said in an interview with TechCrunch. “We foresee a future where small teams of fewer than 10 artists can create content that rivals that of major Hollywood studios.”

Virtual production entails combining virtual and physical settings in the creation of films. You may have seen the green screen, a background used in filming to allow editors to incorporate VFX during post-production. Kim explained that a large LED screen replaced the green screen in high-end virtual production, but the LED wall is still expensive for indie filmmakers.

“Powered by Unreal Engine and giant LED walls, virtual production creates the illusion of on-location shooting without the actual travel. However, this technology has been accessible only to filmmakers with million-dollar budgets due to its high cost and complexity,” Kim continued.

Unlike traditional virtual production companies, which use LED walls to bring virtual environments into the real world, Beeble’s virtual production platform will virtualize real actors into the virtual world, the company CEO told TechCrunch. With just a phone camera, users can access infinite locations, lighting, and camera options, all within a virtual environment, he added.

Disney+’s “The Mandalorian” is one example of a film shot using a virtual production for filming and real-time effects, Kim noted. Virtual production has rapidly become one of the fastest-growing areas of visual effects and filming.

Potential users of its virtual production platform could be not just B2C users (content creators and filmmakers) but B2B companies like ReelShort, a short-form video streaming app specializing in serialized dramas, Kim said.  

Generative AI companies, like OpenAI’s Sora and Runway, help make videos from text, which could entirely disrupt the animation and movie industry. However, Kim said that the generative AI models, including Sora and Runway, often produce random content and alter the original image or video even for simple tasks; Beeble is designed for predictability and ease of manipulation with AI capability. “To tell a compelling story, you need to have full control over every little detail of the project, including environment, characters, camera, and lighting,” Kim continued.

A text-based prompt interface is not the way to do this, and it doesn’t allow for detailed iteration to perfect your shots. Beeble aims to enable fully controllable video creation with AI.

The key to achieving significant cost reductions is their foundational AI model at the core, which enables you to adjust lighting, environments, and camera movements in the post-production stage, the startup says.

Per a report published by co-founding members at CVPR 2024, the foundational AI model “automatically digitizes 2D footage of an actor’s performance into a physically accurate 3D representation.” The reconstructed actor in a 3D space has precise geometry and textures, allowing artists complete freedom to alter lighting, environments, and camera angles.” Beeble AI claims that this capability significantly reduces budget constraints and allows creators to focus primarily on storytelling. Users can create cinematic shots in their living room using just an iPhone.

Beeble AI says it started generating revenue last October. Around 3 million users have downloaded its SwitchLight mobile app, an AI photo editor app. The startup also said Caption AI is integrating its SDK to offer advanced relighting features within its app.

With the new capital, it wants to expand its business to a virtual production studio platform. It plans to use the new capital to advance its foundational AI model, further product development, and hire staff, which now consists of seven employees.

Previous investors include Mashup Ventures and Kakao Ventures.

More TechCrunch

When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving the supply chain and operational challenges for…

Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa

During an emergency hearing held by the South Korean government, Young-bae Ku, Qoo10’s founder said he would secure the amount over the next 30 days.

Qoo10’s CEO pledges personal assets worth $58M to compensate Korean merchants affected by its liquidity crisis

Zoe sends customers at-home testing materials to collect blood or feces to test blood fat, blood sugar, and gut microbiome health. Following those results, the company scores every food (on…

Zoe, a microbiome-focused nutrition company, raises $15 million to expand in the U.S.

Qualcomm has launched the Snapdragon 4s Gen 2 chip to 5G smartphones in the sub-$100 price segment in India and other emerging markets.

Qualcomm’s new Snapdragon chip aims to bring 5G to sub-$100 devices

Users will be able to get the first taste of Apple Intelligence as Apple has started to make some of the features of its AI suite available with the iOS…

Apple brings Apple Intelligence with iOS 18.1 dev beta, but there are a lot of limitations

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal…

Canva acquires Leonardo.ai to boost its generative AI efforts

The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models…

U.S. Commerce Department report endorses ‘open’ AI models

Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from…

Lime is piloting two new e-bikes to attract more women and older riders 

Apple has published a technical paper detailing the models that it developed to power Apple Intelligence, the range of generative AI features headed to iOS, macOS and iPadOS over the…

Apple says it took a ‘responsible’ approach to training its Apple Intelligence models

A fireside chat on Monday between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg at the SIGGRAPH 2024 conference in Colorado took a few unexpected turns. It started innocently…

Huang and Zuckerberg swapped jackets at SIGGRAPH 2024 and things got weird

Meta’s machine learning model, Segment Anything, has a sequel: It now takes the model to the video domain, showing how fast the field is moving.

Zuckerberg touts Meta’s latest video vision AI with Nvidia CEO Jensen Huang

Featured Article

The fall of EV startup Fisker: A comprehensive timeline

Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.

The fall of EV startup Fisker: A comprehensive timeline

Hello, and welcome back to TechCrunch Space. In case you missed it, Boeing and NASA decided to keep Starliner docked to the International Space Station for the rest of the…

TechCrunch Space: Catching stars

As failed EV startup Fisker winds its way through bankruptcy, a persistent and tricky question has become a flashpoint of the proceedings: does its only secured lender, Heights Capital Management,…

The question haunting Fisker’s bankruptcy

So-called “unlearning” techniques are used to make a generative AI model forget specific and undesirable info it picked up from training data, like sensitive private data or copyrighted material. But…

Making AI models ‘forget’ undesirable data hurts their performance

Uber is now letting riders in India book up to three rides simultaneously.

Uber now lets users in India book three trips at once

U.S. airports are rolling out facial recognition to scan travelers’ faces before boarding their flights. Americans, at least, can opt out. 

How to opt out of facial recognition at airports (if you’re American)

The promise of AI and large language models (LLMs) is the ability to understand increasingly wider amounts of context and make sense of that information easily, so it makes sense…

Bee AI raises $7M for its wearable AI assistant that learns from your conversations

Featured Article

DEI backlash: Stay up-to-date on the latest legal and corporate challenges

It’s clear that this year will be a turning point for DEI.

DEI backlash: Stay up-to-date on the latest legal and corporate challenges

Bike-taxi startup Rapido, which counts Swiggy among its investors, is the latest Indian firm to become a unicorn.

India’s Rapido becomes a unicorn with fresh $120M funding

Government websites aren’t known for cutting-edge tech. GovWell co-founder and CTO Ben Cohen discovered this while trying to help his dad, a contractor, apply for building permits. Cohen worked as…

GovWell is bringing automation and efficiency to local governments

Critics have long argued that wararantless device searches at the U.S. border are unconstitutional and violate the Fourth Amendment.

US border agents must get warrant before cell phone searches, federal court rules

Featured Article

UK’s Zapp EV plans to expand globally with an early start in India

Zapp is launching its urban electric two-wheeler in India in 2025 as it plans to expand globally.

UK’s Zapp EV plans to expand globally with an early start in India

The first time I saw Google’s latest commercial, I wondered, “Is it just me, or is this kind of bad?” By the fourth or fifth time I saw it, I’d…

Dear Google, who wants an AI-written fan letter?

Featured Article

MatPat, the first big YouTuber to successfully exit his company, is lobbying for creators on Capitol Hill

Though MatPat retired from YouTube, he’s still pretty busy. In fact, he’s been spending a lot of time on Capitol Hill.

MatPat, the first big YouTuber to successfully exit his company, is lobbying for creators on Capitol Hill

Featured Article

A tale of two foldables

Samsung is still foldables’ 500-pound gorilla, but the company successes have made the category significantly less lonely in recent years.

A tale of two foldables

The California Department of Motor Vehicles this week granted Nuro approval to test its third-generation R3 autonomous delivery vehicle in four Bay Area cities, giving the AV startup a positive…

Autonomous delivery startup Nuro is gearing up for a comeback

With Ghostery turning 15 years old this month, TechCrunch caught up with CEO Jean-Paul Schmetz to discuss the company’s strategy and the state of ad tracking.

Ghostery’s CEO says regulation won’t save us from ad trackers

Two years ago, workers at an Apple Store in Towson, Maryland, were the first to establish a formally recognized union at an Apple retail store in the United States. Now…

Apple reaches its first contract agreement with a US retail union

OpenAI is testing SearchGPT, a new AI search experience to compete directly with Google. The feature aims to elevate search queries with “timely answers” from across the internet and allows…

OpenAI comes for Google with SearchGPT