Synthesia announces $12.5M Series A to replace cameras with code, and scale their AI video generation platform.
Synthesia, the AI video company, that has built and operates the world’s first and largest AI video platform, today announced a $12.5M Series A financing round led by Matt Turck from FirstMark Capital with participation from all existing investors. The round is the largest investment to date in the synthetic AI video space.
Founded in 2017 by technology entrepreneurs Victor Riparbelli, Steffen Tjerrild and world-renowned professors of computer vision Matthias Niessner and Lourdes Agapito, Synthesia is focused on reducing the friction of video creation and making it possible for anyone to create professional-looking videos in minutes, directly from their browser.
The funding will be used to fuel both Synthesia’s rapid enterprise user growth and product development of their AI video generation platform.