What is Synthesia the Maker of Synthetic Avatars & Videos?
Synthesia Raises $90M in Series C Funding
Yet another A.I. startup with a flashy Series C round. Artificial intelligence-based video generation platform Synthesia has raised $90 million in their Series C and are now a Unicorn.
It’s who the backers are that are raising some eyebrows, the round was led by venture capital firms Accel and Nvidia-owned NVentures. As Generative A.I. moves ahead, and Apple’s Vision Pro announcement got some traction, what place will Synthetic avatars have in our future?
The London startups has now raised over $156 million. Synthesia is a synthetic media generation platform used to create AI generated video content. It is based in London, England. The founders seem rather young, the CEO is Victor Riparbelli.
The startup has done fairly well since they were founded in 2017. Back in 2017 generative AI sounded like a sci-fi dream to most. But they kept building and went from 4 people in a cubicle to where we are today:
Over 50.000 businesses using Synthesia 🎥
More than 200 Synthesian's who are making it all possible ❤️
Sustainable + rapidly growing business - and we’re now officially a unicorn 🦄
The Series C seems to give them more credibility suddenly. Nvidia came in as a strategic investor, putting in an undisclosed amount of money. Other investors include Kleiner Perkins, GV, FirstMark Capital and MMC.
Accel have a pretty good history in terms of spotting winners. Accel, was an early investor in Facebook, Slack and Spotify.
Synthesia was founded in 2017 by a team of AI researchers and entrepreneurs from UCL, Stanford, TUM and Cambridge. Their mission is to empower everyone to make video content - without cameras, microphones or studios.
Is the Future of Video, Synthetic AI?
Keep reading with a 7-day free trial
Subscribe to Artificial Intelligence Survey 🤖🏦🧭 to keep reading this post and get 7 days of free access to the full post archives.