AI Video Startup Cinnamon Secures 11 Billion KRW Investment

Cinnamon Raises 11 Billion KRW Investment
for 'CINEV,' an AI-Powered 3D Video Solution

Cinnamon, the developer of the 3D-based artificial intelligence (AI) video solution 'CINEV,' announced on the 5th that it has secured new investments worth 11 billion KRW. Altos Ventures and Saehan Startup Investment participated in this round, with Altos continuing its relationship as an existing investor through this second investment.

Cinnamon is a video production startup that hybridizes AI and 3D technologies. Since its founding in 2019, it has focused on advancing technology in the interactive gaming sector. The new solution currently under development, CINEV, transforms user-inputted stories into videos within a virtual 3D space using AI technology. Users can edit actors' performances, camera direction, lighting, backgrounds, and more according to their preferences.

A Cinnamon representative stated, "This investment has provided the company with growth momentum to compete in the global AI market. We will focus on launching the service stably in the first half of this year and delivering the unique usability and convenience that only CINEV offers to our customers."

An Altos Ventures representative said, "The Cinnamon team has combined AI services with their long-cultivated 3D production expertise. They identified the intricate aspects that AI finds difficult to implement and developed tools not just for simple technology demonstrations but for creative producers. We decided to invest because we believe CINEV has the potential to change the landscape of video production and content markets in the future."

This content was produced with the assistance of AI translation services.