Moonvalley raised $70M in a Series A funding led by General Catalyst and Khosla Ventures to accelerate the development of AI tools for the media industry.

Nov 18, 2024•9 months ago

Amount Raised

$70 Million

Round Type

series a

TorontoMachine LearningArtificial Intelligence

Investors

Bessemer VenturesKhosla VenturesGeneral Catalyst

Description

Moonvalley, based in Toronto, Canada, raised $70 million in a recent funding round led by General Catalyst and Khosla Ventures, with participation from Bessemer Ventures. The funds will be used to enhance their AI solutions and expand research and development efforts.

Company Information

Company

Moonvalley

Location

Toronto, Ontario, Canada

About

Moonvalley is a Toronto-based imagination research company specializing in deep learning technologies. The company focuses on developing AI tools designed to enhance trust, transparency, and efficiency within the media industry. Moonvalley's mission includes expanding its research and development efforts and deploying AI solutions tailored for the film industry and creatives. It is led by a team of experts passionate about advancing technology in creative sectors.

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