Runway, best known for its video-generating AI models, raises $300M
- Runway raised $308 million in Series D funding, bringing its total to $545 million and valuing the company at about $3 billion.
- This funding round was led by General Atlantic, with participation from Fidelity Management & Research Company, NVIDIA, and other investors.
- Runway will use the funds to expand its film and animation studio and develop new AI research for media.
- Cristóbal Valenzuela, CEO of Runway, described this funding as a significant step toward creating a new media ecosystem.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
All
Left
2
Center
1
Right
Coverage Details
Total News Sources12
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage