a year ago

Colossyan Raises $22 Million to Expand AI-Powered Training Video Platform

  • Colossyan, an AI startup that generates workplace training videos, has raised $22 million (£17.4 million) in a Series A funding round led by Lakestar

  • The company, which was founded in 2020, uses AI avatars to turn text prompts into training videos

  • Colossyan has experienced rapid growth, with 600% year-on-year growth since its last funding round in February 2022

  • The company has been used to produce videos by Porsche, Vodafone and Paramount

  • The investment will be used to further develop Colossyan's technology and expand its reach in the corporate learning market.

      • ProblemTechnology

      "Creating training videos for employees is expensive and time-consuming. Traditional video production methods require hiring actors, directors, and editors, which can be costly and slow."

      Solution

      "Colossyan uses AI to generate training videos from text prompts, making it faster and more affordable to create high-quality videos. The platform can generate multiple videos simultaneously, further reducing production costs."

      Covered on