2 years ago

Colossyan Raises $5M to Speed Up Text-to-Video Transition

  • Colossyan, a UK-based startup that has developed a text-to-video transition tool, has raised $5 million in Series A funding

  • The funding round was led by Central & Eastern Europe VC investors LAUNCHub Ventures and backed by London-based L&D specialists Emerge Education

  • Existing investors Day One Capital, Oktogon Ventures, and APX also participated

  • Colossyan’s Generative AI reduces video production and localisation from 2-3 weeks to under 30 minutes, saving educators and corporations thousands of dollars per video

  • The startup serves 400 customers across 46 countries, including P&G and BMW.

      • ProblemTechnology

      "Creating training videos for businesses and educational institutions is time-consuming and expensive, taking 2-3 weeks and costing thousands of dollars per video."

      Solution

      "Colossyan Creator uses generative AI to create videos from text in under 30 minutes, significantly reducing the time and cost of video production."

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