Blackbox secures seed investment from Bluepoint Partners and ATP Ventures to enhance its AI-driven short animation production solution for webtoon content.
Target Information
Blackbox, a startup specializing in AI-driven short animation production based on webtoon content, has successfully secured seed investment from Bluepoint Partners and ATP Ventures. This funding comes alongside the company's selection for the TIPS (Technology Incubation Program for Startups) by the Ministry of Small and Medium Enterprises and Startups, allowing it to receive an additional R&D fund of 500 million KRW.
Blackbox is currently developing a unique solution that transforms webtoon illustrations into short animations using AI technology. The solution enables users to create seamless scene transitions and motions with just a few original images of characters and backgrounds.
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Industry Overview
The global over-the-top (OTT) and short-form video platform market is witnessing significant growth, with annual growth rates exceeding two digits. In this booming market, the ada
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Disclosed details
Transaction Size: $5M