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Intelligence
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Tools

Runway and Luma are seeking $1.6B in funding at high valuations, despite low revenues.

Aug 06, 20255 months ago

Amount Raised

$1.6 Billion

New YorkSoftware

Description

Runway and Luma are in search of $1.6 billion in funding, indicating strong market interest despite challenges with low revenues. Investors are evaluating the potential of both companies. This funding round highlights the ongoing demand for innovative solutions in their respective markets. The outcome could significantly impact their future growth trajectories.

Company Information

Company

Runway

Location

New York, New York, United States

About

Runway is a research company pioneering new tools for human imagination. Runway has been at the forefront of multi-modal AI systems ensuring that the future of content creation is accessible, controllable and empowering for creatives. Runway’s mission is to ensure that anyone anywhere can tell their stories. We believe that deep learning techniques applied to audiovisual content will forever change art, creativity and design tools.

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