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Backflip, an innovative company focused on AI-generated designs, has successfully raised $30 million in a Series A funding round. The investment was co-led by prominent venture capital firms Andreessen Horowitz (a16z) and New Enterprise Associates (NEA). Backflip's technology utilizes AI models to create 3D designs based on text, sketches, or photos, aiming to transform the design, simulation, and construction processes in both digital and physical realms. The company was co-founded by Greg Forged and David Benny, who have developed a foundational model that promises to revolutionize these industries.
Backflip, which is building AI models that can produce 3D designs using text, sketches, or photos as prompts, raised a $30M Series A co-led by NEA and a16z (@charlesrollet1 / TechCrunch) https://t.co/i2qtd1o9cP https://t.co/QGNV1debjA https://t.co/ZOzeer1FAj
Hugging Face and Entalpic Unveil LeMaterial: Transforming Materials Science Through AI https://t.co/iL8eDR2dRC by @bush_dev
[New Deal] We're thrilled to finally announce publicly our investment in @BackflipAI Co-founders @Greg_Forged and @dbenny12 have built a 3D AI foundational model and platform that will revolutionize how we design, simulate, and construct the digital and physical world https://t.co/k21q0qHi86