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AI video startup Moonvalley lands $53M, according to filing
Roughly a month after Moonvalley, a Los Angeles-based startup developing AI tools for video creation, secured $43 million in new funding, the company has raised again, according to a filing with the SEC.
Roughly a month after Moonvalley, a Los Angeles-based startup developing AI tools for video creation, said it secured$43 million in new funding, the company has raised more, according to a filing with the SEC. Startups such as Runway, Lightricks, Genmo, Pika, Higgsfield, Kling, and Luma, as well as tech giants like OpenAI, Alibaba, and Google, are releasing models at a fast clip. Moonvalley’s Marey model, built in collaboration with a new AI animation studio called Asteria, offers customization options like fine-grained camera and motion controls, and can generate “HD” clips up to 30 seconds long.
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