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Invoke AI secures $3.75 million in seed funding

05. Oct, 2023

Invoke AI, AI software creators, secure $3.75 million in latest seed funding round

The Atlanta-based enterprise, Invoke AI, known for their pioneering role in generative Artificial Intelligence (AI) software, has just received an investment of 3.75 million dollars in the latest seed funding round.

What is InvokeAI?

Invoke AI is a company specializing in utilizing generative AI to assist in the game development process. They offer a suite of professional AI tools designed to aid game development teams in realizing their visions for new worlds. With Invoke AI, teams can generate new images, characters, and environments easily and efficiently, drawing inspiration from their own sketches, drawings, and concepts.

Part of InvokeAI’s offerings is their open-source platform for image generation with diffusion models. The tool can be downloaded for free and used on almost any type of PC. However, optimal enjoyment of the software is experienced with an NVIDIA graphics card with over 8GB of video RAM. The software can be downloaded here: https://github.com/invoke-ai/InvokeAI

The funding round

Led by Storm Ventures, with additional investments from SignalFire and Universe Software, the funds will significantly contribute to Invoke AI’s ambitions of expanding their support to the dedicated community of architects, graphic designers, game designers, and other creative souls within the open-source software environment.

“It’s been decades since computer automation was introduced in graphic arts and product design, resulting in huge productivity improvements. Today, AI brings the same potential to enhance the creative work of artists and creative professionals,” said Kent Keirsey, CEO of Invoke AI.

Reflection on the success story

As the rise of technology and digitalization accelerates across all industries, Invoke AI has managed to place itself at the forefront of the open-source software industry since its inception in 2022. With over 18,900 stars on Github, the rapidly growing platform comprises professional creators and companies looking to optimize their workflow and enhance creative expression.

Fun fact

Did you know that open-source projects typically don’t spend money on marketing? Instead, they grow with the reclaimed energy from the thousands of developers actively contributing and improving the software.

Creativity on steroids

Invoke AI combines human creativity with artificial intelligence algorithms to push the boundaries of what’s possible. This has led to numerous revolutionary opportunities within art, architectural and game design by completing processes in seconds.

The future for Invoke AI

It’s clear that Invoke AI has big plans. Adhering to a solid mission of empowering artists and revolutionizing the creative process, the company is changing the game on how we think about, collaborate, and create art in software environments.

“We started our project as an open-source tool built to empower creative work rather than undermine it. AI should enhance the humanity found in creative work, and allow people to focus on realizing their vision while the technology helps to reduce the workload.”

We look forward to seeing how this significant investment will help Invoke AI bring their visions to life.

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