Memories.ai secures $8 million in seed funding led by Susa Ventures to enhance its AI platform for analyzing vast video footage.
Jul 24, 2025•9 days ago
Amount Raised
$8 Million
Round Type
seed
Investors
Creator VenturesSeedcampCrane VenturesFusion FundSamsung NextSusa Ventures
Description
Memories.ai has raised $8 million in a seed funding round led by Susa Ventures, with participation from Samsung Next, Fusion Fund, Crane Ventures, Seedcamp, and Creator Ventures. The funding will support the development of its AI platform capable of processing up to 10 million hours of video. The company aims to provide a better contextual understanding of video data. Initial goals were set at $4 million, but demand exceeded expectations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers