Runway launches a $10M fund to invest in early-stage startups building across AI, media, and world simulation and a Builders program offering free API credits
Runway is moving beyond building AI video models and into shaping what gets built on top of them.
NYC-based AI video startup Runway raised a $315M Series E led by General Atlantic, a source says at a $5.3B valuation, and says it will pre-train world models
NYC-based AI video startup Runway raised a $315M Series E led by General Atlantic, a source says at a $5.3B valuation, and says it will pre-train world models
The AI industry just got another indicator that the future lies beyond words alone. — On Tuesday, video AI firm Runway announced a $315 million Series E funding round.
Sources: AI video startup Runway is in talks to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation
The Information :
AI video startup Runway raised $308M led by General Atlantic, sources say at a $3B+ valuation, and plans to hire more filmmakers, screenwriters, and others
The deal, which is set to be announced Thursday, pushes Runway's value to just over $3 billion, according to people familiar …
Source: generative AI video startup Runway is in talks to raise $450M at about a $4B valuation, with General Atlantic in talks to lead the round
Stephanie Palazzolo / The Information :
Sources: NYC-based Runway, which uses AI to let users generate videos from text descriptions, raised ~$100M from Google and others at a ~$1.5B valuation
Kate Clark / The Information :
Rent the Runway partners with Amazon to launch an Amazon Fashion online storefront featuring new and second-hand items, expecting ~$4.6M in revenue in Q3 2023
Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources say Runway has a $500M valuation and a ~$1M ARR
the next generation content suite powered by mind-blowing AI. https://twitter.com/... Aydin Senkut / @asenkut : So excited to lead $50M Ser C for @runwayml, partnering w @c_valenzuelab @agermanidis @m...
After raising $357M in its IPO, Rent the Runway closes at $19.29, down 8% from its $23 opening price, valuing the company at $1.2B
Bloomberg :