2 years ago

Synthesia Raises €83 Million in Series C Funding to Power AI Video Creation

  • London-based AI video creation startup Synthesia has raised €83 million in Series C funding led by Accel, valuing the company at $1 billion and making it a new unicorn.

      • ProblemTechnology

      "Creating high-quality videos for businesses is expensive and time-consuming, requiring cameras, studios, and professional crews. This limits the reach and impact of video content, especially for smaller businesses and those with limited resources."

      Solution

      "Synthesia's AI-powered platform allows anyone to create professional-looking videos quickly and easily, without the need for cameras or studios. Users can choose from a library of AI avatars or create custom avatars to deliver their message. This makes video creation accessible to everyone, regardless of budget or technical expertise."

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