Moonvalley, an AI research company, raises $84m in funding led by General Catalyst, with participants like CAA, CoreWeave, Comcast Ventures, Khosla Ventures, and YCombinator, totaling $154m. Comcast Ventures praises Moonvalley’s approach to AI videography. The company launched Marey, a production-grade generative videography platform, collaborating with Asteria to meet filmmakers’ standards.
The new funding will help Moonvalley scale to meet enterprise demand, expand licenced content library, develop API access, and recruit engineering teams. CEO Naeem Talukdar emphasizes responsible development with powerful technology, providing studios and creators a licensed alternative. Moonvalley collaborates with industry leaders like DeepMind, Disney, Google, and Microsoft to create cutting-edge tools for creative professionals.
Read more at Yahoo Finance: Moonvalley secures $84m funding