Viggle AI raised $19 million USD in a Series A led by Andreessen Horowitz to expand its AI-powered video generator.
Viggle AI raised $19 million USD in a Series A led by Andreessen Horowitz to expand its AI-powered video generator.
08/26/24, 2:32 PM
Location
Money raised
$19 million
Industry
animation
machine learning
artificial intelligence
Round Type
series a
Investors
Two Small Fish Ventures, Andreessen Horowitz
Viggle AI has secured nearly $26 million CAD in Series A funding to fuel its platform's growth. The startup plans to use the capital to develop a stronger model, add new capabilities, and improve user experience.
Company Info
Location
toronto, ontario, canada
Additional Info
Viggle AI is a Toronto-based generative artificial intelligence startup that specializes in creating videos from simple text and image prompts. Its technology gained popularity through a viral meme format involving celebrity video edits. The startup aims to provide a unique, controllable video generation experience, differentiating itself from existing pixel-based models. Viggle's platform supports various users, from casual meme creators to professionals in animation and game design.