Synthesia secures £37.7m Series B funding from Kleiner Perkins and GV to advance artificial intelligence video technology.
Kleiner Perkins leads Series B investment in artificial intelligence video platform Synthesia.
A London based startup that provides an AI video generation platform allowing users to create professional content from text using customizable avatars.
Synthesia has secured £37.7m in a Series B funding round led by Kleiner Perkins, alongside participation from GV and earlier backers. The capital will support the acceleration of commercial expansion and deeper investment in foundational research for synthetic media technology.
The financing marks a notable milestone for the synthetic media sector as enterprise demand for scalable video creation tools continues to rise. The company plans to use the proceeds to advance its core artificial intelligence capabilities and expand its technical infrastructure.
From the founder
"Today, consumers expect video and audio content. And they take that preference with them to work. We’re seeing this drive rapid demand for scaleable content creation solutions in the enterprise,"
Victor Riparbelli
at Synthesia
Investor perspective
"Some of the most iconic software companies in history were able to take advanced functionality and make it accessible and easy-to-use for any knowledge worker,"
Josh Coyne
Partner, Kleiner Perkins
Use of funds
- 01Fund research and development
- 02Accelerate go-to-market
