Funding

[Funding alert] CA-based Creative Force Secures $8.9M Series A Round Funding

Oct 17, 2023 | By Startup Rise EU

CA-based Creative Force Secures $8.9M series A round funding from Export and Investment Fund of Denmark (EIFO) and Hearst Ventures, the global venture capital division of Hearst. The new funding brings the company’s total funding to $17.9 million.

CA-based Creative Force Secures $8.9M series A round funding from Export and Investment Fund of Denmark (EIFO) and Hearst Ventures, the global venture capital division of Hearst. The new funding brings the company’s total funding to $17.9 million.

Creative Force will use the funding to scale its Danish headquarters and new U.S. office in Boston and integrate generative artificial intelligence (AI) into its platform, empowering retailers and brands to harness the capabilities of AI in their creative workflows and produce superior content that is on-brief, on time and on budget.

Read also - Edinburgh-based Venture Capital firm Par Equity launching £100 million Fund

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] Paris-based Groover Secures $8 Million in Series A Round Funding
Team SR
Feb 13, 2024
recomd
Funding
Spectrum.Life funding news – Dublin-based Spectrum.Life Secures €17 Million in Funding
Startup Rise EU
May 27, 2024
recomd
Funding
[Funding alert] Munich-based VC Alpine Space Ventures Secures €10 Million in Funding
Startup Rise EU
Mar 19, 2024

Thomas Kragelund, CEO and co-founder of Creative Force said, “Creative Force will help retailers and brands increase their creative production tenfold,“We offer the only platform that manages the entire e-commerce content production workflow from end-to-end, so we are in a unique position to leverage generative AI to drive innovation at all stages of production, from planning to final file delivery. The investment from Hearst Ventures and EIFO will enable us to scale and holistically solve a perennial content production challenge, enabling brands to focus more on creativity and business goals.”

The workflow to produce creative content includes everything from conducting numerous photo shoots, producing videos, scanning product sample barcodes, creating 3D models, copywriting, internal and external coordination, booking models, art direction, editorial oversight, file management, post-production, retailer or channel signoff, and more.

Read also - Google has Pay German Content Creators €3.2 million Annually to Publish their Works on its News Search Engine.

Creative Force’s cloud-based, end-to-end workflow platform reshapes and streamlines the paradigm. It provides a single source of truth for all creative assets through every step of content production, giving brands unparalleled visibility and control over their creative operations.

Read also - Italy-based Startup Data Masters Secures €200K in Funding

Megumi Ikeda, managing director at Hearst Ventures said, “Creative Force is poised to reshape the landscape of e-commerce content creation. The company’s goal of empowering creative teams to transition from cost centers to value-add contributors within their enterprises, amplified by AI innovation that is mindful of the rights of IP holders, promises an exciting future where brands and retailers can drive sales increases and enhance customer experiences in an increasingly digital world,”.

About Creative Force

Founded in 2019 and headquartered in Holstebro, Denmark, with its U.S. headquarters in Boston, Creative Force is a privately held company backed by EIFO and Hearst Ventures.

Read also - Berlin-based Kodex AI Secures €1.6 million in Funding

Creative Force is the leading end-to-end workflow platform for e-commerce content creation that enables retailers, brands, and commercial studios to deliver high-quality and consistent e-commerce and editorial images, video, and copy at scale.

Read also - Dutch Startup Convious secures $9M Series A Round Funding

Recommended Stories for You

story
Finland

[Funding alert] Tampere-based Wirepas Secures €20.7 Million in Funding

Startup Rise EU Oct 31, 2023

story
Funding

[Funding alert] London-based Wholesale Procurement Platform Qogita is Secures €80 Million in Series B Round Funding

Startup Rise EU Dec 15, 2023

story
Funding

ZTLment funding news – Fintech Startup ZTLment Secures €2.4 Million in Total Pre-Seed Funding

Startup Rise EU May 28, 2024

story
Belgium

[Funding alert] Ghent-based Aikido Security Raises €5M in Seed Funding

Startup Rise EU Nov 14, 2023

story
Funding

[Funding alert] Barcelona-based Incapto Raises €6 million in Funding

Startup Rise EU Oct 2, 2023

story
Recent Articles

Newyork-based Global Investor General Atlantic Acquired a Majority Interest in Joe & the Juice

Startup Rise EU Nov 14, 2023