Synthesia raised £2.4m in Series A funding led by LDV Capital to advance its video generation platform.
LDV Capital led the Series A round with backing from a broad group of new and existing investors.
A London based startup that provides an AI video generation platform allowing users to create professional content from text using customizable avatars.
Synthesia has raised £2.4m in Series A funding to support its video synthesis technology platform. The investment round was led by LDV Capital, with participation from Mark Cuban, MMC Ventures, Seedcamp, VAS Ventures, Taavet Hinrikus, Tiny, and Nigel Morris.
The capital follows the company's recent work on a global campaign for Malaria Must Die, which featured David Beckham and surpassed 400m impressions. Synthesia aims to remove traditional barriers in video production such as time, budget, and technical skills.
The cloud based platform, known as ENACT, enables automated creation of tailored video content for consumers and employees.
From the founder
"Consumers and employees today expect video-based communication that is tailored to them. For companies it’s difficult to deliver these experiences because the conventional ways of creating video content is a physical process that simply doesn’t scale."
Victor Riparbelli
at Synthesia
