The company leverages technologies like DeepSeek, Llama, and Stable Diffusion for AI image generation and includes collaboration features for real-time teamwork. Intangible has already garnered interest from major film and gaming studios and plans to expand its team from 10 to 20 employees this year. The recent funding round, led by a16z Speedrun, Crosslink Capital, and several angel investors, will support product development and hiring efforts. The team includes notable members like Philip Metschan, a former lead product designer at Pixar and ILM.
Key takeaways:
- Intangible, backed by $4 million in seed funding, offers an AI-powered tool for creating 3D world concepts using text prompts, aimed at professionals and everyday users.
- The company is led by Charles Migos, a former lead designer at Apple and VP at Unity, and co-founded by Bharat Vasan, an entrepreneur with experience in wearables.
- Intangible's product features a 3D canvas editor with a library of 6,000 assets, storyboard capabilities, and collaboration tools, and plans to launch in June with free and paid subscription options.
- The recent funding round was led by a16z Speedrun, Crosslink Capital, and angel investors, with plans to double the current team of 10 people.