Generative AI Startup Hexo Raises $270,000 In Fresh Funding
Hexo, a generative AI startup, has raised $270,000 as pre-seed funding led by Antler India via its Residency initiative.
Hexo | Search Engine For AI Images & Prompts
Founded by Vignesh Baskaran and Kunal Bhatia, Hexo is building an open-source image generation API that offers a wide range of controls, making image generation more predictable and accurate.
The startup, with its enterprise-focused flagship product Fine Tuner, enables enterprises to easily build custom image generation engines based on the company’s design language, products, characters, and IP.
Speaking about the development, Vignesh Baskaran, Co-founder of Hexo, said,
“Our first product is a fine-tuner for enterprises to build custom image generation engines. AI image generation has taken the technology world by storm but is mostly great at creating art for art’s sake. For enterprises to make use of this bleeding-edge technology, they need a high degree of customisation and image generation within a narrow framework. We are enabling them to do this.”
With this generative AI startup, game developers can create and integrate the most complex game assets for a fraction of the cost and time. Its open-source image generation API can be used to build several nifty tools like custom film storyboarding to animation, VFX and more.
As per Nitin Sharma, Partner at Antler India, they have been closely following the developments in the AI space, and the potential of this disruptive technology just cannot be ignored.
Commenting on the development, Nitin Sharma added,
“We are thrilled to back Hexo, a company formed at our first-ever Antler India Residency, in their journey building the critical infrastructure layer for generative AI. In Kunal and Vignesh, we see a team that is technically adept to keep up with this fast evolving space and has the chops to build a global product for scale.”
Antler is a Singapore-based early-stage venture capital firm that invests in Web3, fintech, SaaS, D2C, and consumer tech startups. Having invested in over 630 companies globally, its portfolio companies include- Volopay, Xanpool, PowerX, and Pathzero, among others.
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