Backflip, a 3D generative AI company, has emerged from stealth with $30 million in funding co-led by NEA and Andreessen Horowitz (a16z). With backing from notable angel investors such as Microsoft CTO Kevin Scott, Android founder Rich Miner, and AI visionary Ashish Vaswani, the company aims to revolutionize the design process by bridging the gap between ideas and reality at unprecedented speeds. Founded by Greg Mark and David Benhaim, the vision of Backflip is to enable designers and engineers to operate at the speed of their imagination, transforming industries like manufacturing, construction, and robotics.
Key Highlights of the Announcement
- Funding & Leadership:
- Raised $30 million in funding co-led by NEA and a16z.
- Angel investors include prominent figures like Kevin Scott, Rich Miner, and Ashish Vaswani.
- Visionary Premise:
- Backflip’s mission is to turbocharge the design process, allowing one designer to operate with the efficiency of a hundred.
- Support from Industry Leaders:
- Lila Tretikov (NEA Partner): Highlights the transformative impact on manufacturing, national security, and economic prosperity.
- Andrew Chen (a16z): Stresses the convergence of gaming, VFX, and engineering for 3D photorealism and simulation.
The Problem Backflip Addresses
- Traditional 3D design software is powerful but slow, limiting innovation and refinement in physical product design.
- Designers and engineers often face bottlenecks that restrict the inclusion of additional features in their creations.
Backflip’s Revolutionary Solution
- AI-Powered Design Platform:
- Translates user inputs into high-resolution, 3D-printable models in minutes.
- Accepts text descriptions or photos to create replacement parts effortlessly.
- Foundation Models for 3D:
- Incorporates novel neural representations that teach AI to think in 3D.
- Achieves 60x more efficient training, 10x faster inference, and 100x higher spatial resolution than existing methods.
- Impact Across Industries:
- Potential applications in aerospace, military, automotive, and consumer goods manufacturing.
The Founders’ Expertise
- Greg Mark and David Benhaim previously founded Markforged, a pioneer in carbon fiber and mixed-metal 3D printing.
- Their innovations led to parts used in critical applications such as the International Space Station and U.S. nuclear submarines.
Backflip is set to redefine the boundaries of 3D design and manufacturing. With its cutting-edge technology and strong leadership team, the company is poised to revolutionize how physical products are conceptualized, designed, and brought to life, heralding a new era in industrial innovation.