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. The filing, submitted Thursday, reveals that Moonvalley actually landed (so far) around $53 million total from a group of 14 unnamed […]

Los Angeles-based startup Moonvalley, which is developing AI tools for video creation, has raised a fresh $43 million in venture capital, according to an SEC filing. The filing lists 11 unnamed investors and comes roughly a week after Moonvalley launched its first AI video-generating model, Marey. Moonvalley previously raised $70 million in seed funding from backers […]

Los Angeles-based startup Moonvalley has launched an AI video-generating model it claims is one of the few trained on openly licensed — not copyrighted — data. Named “Marey” after cinema trailblazer Étienne-Jules Marey, the model was built in collaboration with Asteria, a newer AI animation studio. Marey was trained on “owned or fully licensed” source […]

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