Mago raised €1.5M in a pre-seed round led by Atlantic Labs to expand its team and accelerate development of AI-powered video transformation technology.

Nov 26, 2024•about 1 year ago

Amount Raised

€1.5 Million

Round Type

seed

PhoenixAnimationVideoSoftware

Investors

Atlantic Labs

Description

Mago, a startup specializing in AI-powered video transformation, has secured a €1.5 million pre-seed funding round. The investment from Atlantic Labs will help the company grow its team and speed up development to launch their product in early 2025.

Company Information

Company

Mago

Location

Phoenix, Arizona, United States

About

Mago is a software which transforms and stylizes any type of video (film, 3D animation, text2vid) into any aesthetic, seamlessly tying everything together through style transfer. It is designed as an AI-native tool for video production workflows, dramatically lowering the cost per minute of stylized content across genres like anime, sci-fi, or historical fiction.

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