Huiye Tech is a high-tech enterprise providing AI-generated content services. It recently completed a Series Pre-A funding round worth tens of millions of CNY, led by Hillhouse Group.
Huiye Tech (Chinese: 慧夜科技), an innovative technology company, focuses on developing AI-driven technology. It recently completed a Series Pre-A+ funding round worth tens of millions of CNY, led by Hillhouse Group, with participation by Shunwei Capital. Huiye Tech will use the capital to refine existing products, lower barriers to virtual content production, attract more team members, and expand the current customer base. It is worth mentioning that Huiye Technology just completed a Series A financing round in January, led by Shunwei Capital.
Huiye has created a "generative deep neural network" framework on which virtual characters can learn human movement patterns. Without capturing movement from real people, operators can make the virtual character dance to the song they put into the system. Huiye's target customers are creators who do not possess the capability to create their virtual content. With the help of Huiye's product, these creators could generate basic or complex 3D motion artistic content.
Huiye granted customers access to the online version of the AIGC tool for test purposes recently. It is alleged that Huiye will offer private and cloud-based digital character models for companies with such needs soon. Huiye's virtual products line now includes virtual DJs, fitness trainers and brand representatives. Based on customers' needs, Huiye has refined its AI-assisted modeling, AI auto-binding, and automatic camera movement services and optimized relevant algorithms this year.
The principal investigator of Hillhouse Group said that there would be massive demand for virtual services in the near future, which requires powerful 3D technology as support. Huiye technology could seize this opportunity with its solid technology background and further unlock the unlimited possibility of virtual reality.
Huiye's competitors include Appinventiv, InData Labs, ThirdEye Data, DataRoot, Master of Code Global, Hatchworks Technologies and Deeper insights.