A Sora Rival Raises Millions from NEA
02/26/24, 3:17 PM
Location
Money raised
$30 million
Industry
video
artificial intelligence
Investors
Lightspeed Venture Partners, Nvidia, Google, Nea
Genmo is set to raise at least $30 million in funding from NEA, to compete in the AI-powered video generation market against rivals like Runway, Pika Labs, and Midjourney.