Colossyan raises $22m from Lakestar and other investors to accelerate global expansion.
The funding round was led by Lakestar to support international growth and research initiatives.
≈ £17.4M at $1 = £0.7920 on 7 Feb 2024
Colossyan builds an artificial intelligence video platform that enables organisations to generate training content directly from text prompts.
Colossyan has secured $22m in a funding round led by Lakestar, with participation from Launchub, Day One Capital, and Emerge Education. The capital will be directed towards international expansion and talent acquisition, specifically supporting North American sales, client support, and research and development.
The text-to-video startup offers an artificial intelligence platform designed for learning and development professionals to produce training materials efficiently. The business has expanded its headcount significantly and serves thousands of corporate clients globally.
From the founder
"Colossyan is dedicated to democratizing knowledge with affordable, interactive video creation, rapidly responding to consumer feedback."
Dominik Kovacs
CEO at Colossyan
Use of funds
- 01Grow the team
- 02Expand into international markets
- 03Fund research and development
