logo
logo

Ai Company Pika Raises $55M To Redesign Video Making And Editing

Nov 28, 2023over 1 year ago

Amount Raised

$55 Million

Palo Alto

Investors

Ben’s BitesSv AngelConviction CapitalHomebrewAlex ChungCraig KallmanClem DelangueAndrej KarpathyAdam D’angeloElad GilDaniel GrossNat FriedmanLightspeed Venture Partners

Description

Pika, an AI video platform that is redesigning the video-making and editing experience, announced its Series A funding round of $35 million, led by Lightspeed Venture Partners. With this latest round, Pika has raised a total of $55 million in the company’s first six months with Pre-Seed and Seed rounds led by Nat Friedman and Daniel Gross.

Company Information

Company

Pika

Location

Palo Alto, California, United States

About

Pika is an AI video platform that allows anyone to bring their creative vision to life. The company is redesigning the video-making and editing experience with AI, providing a tool that is effortless and accessible to everyone. Pika can be found on the web (mobile and desktop) at https://pika.art and on Discord. Pika is currently hiring, explore open roles at https://pika.art/careers. Follow @pika_labs on X for more info and updates.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech