Overview
Synthesia, a London-based provider of AI-generated video tools for enterprises, raised $200 million in a Series E funding round, achieving a $4 billion post-money valuation. The funding will also support employee secondary share sales. The round was led by GV, with participation from Kleiner Perkins, Accel, New Enterprise Associates, Nventures, Air Street Capital, and PSP Growth.
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Investors: GV, Kleiner Perkins, Accel, New Enterprise Associates, Nventures, Air Street Capital, PSP Growth
Synthesia, a London-based provider of AI-generated video tools for enterprises, raised $200 million in a Series E funding round, achieving a $4 billion post-money valuation. The funding will also support employee secondary share sales. The round was led by GV, with participation from Kleiner Perkins, Accel, New Enterprise Associates, Nventures, Air Street Capital, and PSP Growth.
Synthesia, a British AI startup that creates digital presenters for corporate videos, has nearly doubled its valuation to $4 billion, up from $2.1 billion last year. The company serves 70% of the FTSE 100 as clients, addressing the need for realistic video avatars in corporate communications. The funding deal highlights the growth of the UK technology sector.