Synthesia, a London-based AI startup, raises $180 million, boosting its valuation to $2.1 billion, led by NEA.
This startup, which kicked off in 2017, is all about using AI to whip up videos and avatars for businesses. They’ve got this cool pitch deck with 18 slides that helped them snag the cash.
What’s really cool is that they’re now the biggest generative AI startup in the UK, according to Dealroom. Their co-founder, Victor Riparbelli, mentioned they’ve built a top-notch AI video platform for enterprises.
They offer a bunch of tools, like custom AI avatars and an AI screen recorder to help edit videos. Big names like Zoom and UiPath are already using their platform for everything from customer service videos to training clips.
Riparbelli also pointed out that over half of their revenue comes from the US, which sets them apart from other European AI companies.
With this new funding, they’re planning to enhance their products and expand into places like Japan, North America, and Australia. Sounds like they’re just getting started!
