Cupixel Raises $5M in Seed Funding

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Summary

Cupixel, a Boston, MA-based experience startup that aims to bring the joy of creating art to everyone, raised $5M in seed funding. The round was led by JOANN Fabric & Crafts (NASDAQ: JOAN). Led by Elad Katav, Founder and Chief Executive Officer, Cupixel provides an app that leverages state-of-the-art AR and AI technologies and pairs it with content, art materials, interactive tools, and live or on-demand artist-led experiences, enabling people to create striking works of art. And text editor technology lets users design text-based artwork that can stand alone or be added to another piece of art, while its time-lapse tool captures the entire process so people can watch their art come to life and share it on social media. In addition to the AR app’s interactive tools, Cupixel offers physical art sets with all the premium materials users need to create art.

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