Ending Soon! Save 33% on All Access

Generative AI Startup Hexo Raises $270,000 in Pre-Seed Funding The round was led by Antler India via the VC firm's Antler India Residency initiative

By Soumya Duggal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

( L-R ) Vignesh Baskaran and Kunal Bhatia, Co-founders, Hexo

Generative AI startup Hexo has raised $270,000 as pre-seed funding led by Antler India, via the VC firm's Antler India Residency initiative.

Hexo is building an open-source image generation API that offers a wide range of controls to make image generation more predictable and accurate. This fine-tuner product for enterprises is targetted at enabling them to easily build custom image generation engines based on the company's design language, products, characters, IP etc.

"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," said Vignesh Baskaran, co-founder, Hexo.

"We have been closely following the developments in the AI space, and the potential of this disruptive technology just cannot be ignored. Generative AI is a new technology platform that will need a set of infrastructure, tooling companies to lay the rails to make it easier for organizations, startups and individuals to leverage its power. 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," said Nitin Sharma, Partner at Antler India.

Soumya Duggal

Former Feature Writer

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Target Is Lowering Prices on Thousands of Items — Here's Where You Can Expect to Save

The news was announced ahead of Target's Q1 2024 earnings call, expected to occur Wednesday at 10 a.m. EST.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Franchise

Know The Franchise Ownership Costs Before You Leap

From initial investments to royalty fees to legal costs, take stock of these numbers before it's too late.

Cryptocurrency / Blockchain

The 50 Richest People in Crypto

The richest cryptocurrency holders.

Business News

Scarlett Johansson 'Shocked' That OpenAI Used a Voice 'So Eerily Similar' to Hers After Already Telling the Company 'No'

Johansson asked OpenAI how they created the AI voice that her "closest friends and news outlets could not tell the difference."