London’s Electric Sheep bags €460K to revolutionise VFX with AI

▤ Summary

London-based Electric Sheep, an AI tech startup that specialises in visual effects (VFX), announced that it has raised $500K (€460K) in a pre-seed funding round led by US-based Dasein Capital. The company says it will use the funding to enhance its cloud-based solution, Spotlight. The company claims Spotlights is the first AI rotoscoping tool to meet Hollywood-level details and cater to industry needs. “Spotlight” creates an editable layer for VFX artists to make adjustments using splines. It can process one second of footage in less than a minute, which is 360 times faster.

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