AI firm Synthesia hits $1B valuation with Nvidia support

Maximilian Schreiner

Max is managing editor at THE DECODER. As a trained philosopher, he deals with consciousness, AI, and the question of whether machines can really think or just pretend to.

Synthesia, an AI platform for synthetic media, has raised $90 million, bringing its valuation to $1 billion. The round was led by Accel and included Nvidia and other investors such as Kleiner Perkins, GV, FirstMark Capital and MMC.

Synthesia is a London-based company that applies artificial intelligence to video production. The technology allows users to create digital avatars that can deliver presentations or training videos in multiple languages.

Synthesia just raised $90 million in Series C funding led by @Accel and with that… officially joined the unicorn club 🦄 🦄 🦄

Back in 2017, no one really understood our vision..

When @vriparbelli and @Stjerild first used the term “generative video,” people just didn’t get… pic.twitter.com/y1bQ8OyCBW

— Synthesia 🎥 (@synthesiaIO) June 13, 2023

Support our independent, free-access reporting. Any contribution helps and secures our future. Support now:

Max is managing editor at THE DECODER. As a trained philosopher, he deals with consciousness, AI, and the question of whether machines can really think or just pretend to.

Leave a Comment Cancel Reply