Synthesia Raises $90 Million and Hits Unicorn Status

Synthesia is a leading AI video creation platform that has revolutionized the way video content is created and produced. Synthesia’s platform enables enterprise users from HR managers to marketers, to easily create high-quality instructional videos featuring stock or custom AI avatars. The platform’s intuitive user interface and advanced AI algorithms enable users to create videos that are engaging, visually appealing, and unique without requiring significant expertise in video production.

Multilingual AI video generation platform Synthesia has raised $90 million in a series C round to continue its work to make video production simple and intuitive without the need for cameras or studios. The round was led by venture capital firm Accel. US-based NVIDIA came on board as a new investor, while the company’s existing investors, Kleiner Perkins, GV, and Firstmark Capital also participated. 

Synthesia, London, England, United Kingdom, was founded in 2017 by entrepreneurs Victor Riparbelli (CEO) and Steffen Tjerrild (COO / CFO) along with computer vision professors Matthias Niessner and Lourdes Agapito“We’ve made great strides toward our vision to make video easy for everyone, but there’s still a long way to go. I’m proud of our team for building Synthesia into a sustainable company that delivers real business utility, not just novelty, for our thousands of customers. While we weren’t actively looking for new investment, Accel and NVIDIA share our vision for transforming traditional video production into a digital workflow that will enable creators to bring their ideas, from training videos to Hollywood films, to life with only a Synthesia account. I’m delighted to have them on board as we accelerate our AI research efforts,” said Synthesia Co-founder and CEO Victor Riparbelli.

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