You can now apparently turn lettering into fonts via Photoshop CC with Fontself Maker. We’d still highly recommend using/purchasing fonts from foundries, but this looks like a fun tool to try. Via the website:
Fontself is democratizing type-making. We aim to open the gates of font creation to a broad audience of creatives, graphic designers, art directors, illustrators, enthusiasts, students and educators.
How? By simplifying the type-making process to its simplest form, right within the most common creative apps: Adobe’s Photoshop & Illustrator. Millions of creatives around the world could now just start making their own fonts. Our tools are also meant for the creatives who don’t necessarily constrain their artwork to black or white. Their lettering can be colorful, their sketches have a certain grain.
We leverage the latest color font technologies to let you make any type of fonts. Because we deeply believe that the more people experiment font creation, the more they will pay attention to the typographic choices around them, and the more they will appreciate the exceptional amount of work, dedication & talent that professional type-making requires.
The result of a 2015 Kickstarter campaign, Fontself Maker now has plugins for Illustrator and for Photoshop CC. CreativePro has a longer description of how to use it, if you’re curious.