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Viggle AI raised $19 million USD in a Series A led by Andreessen Horowitz to expand its AI-powered video generator.

PRIVATEAug 26, 2024

Amount Raised

$19 Million

Round Type

Series A

TorontoArtificial IntelligenceMachine LearningAnimation

Investors

Two Small Fish VenturesAndreessen Horowitz

Description

Viggle AI has secured nearly $26 million CAD in Series A funding to fuel its platform's growth. The startup plans to use the capital to develop a stronger model, add new capabilities, and improve user experience.

Quick answer

Viggle AI raised $19 Million in a Series A round, dated August 26, 2024. Investors: Two Small Fish Ventures and Andreessen Horowitz. Viggle AI is based in Toronto, Ontario, Canada.

How much did Viggle AI raise?
Viggle AI raised $19 Million in a Series A round on August 26, 2024.
Who invested in Viggle AI?
Two Small Fish Ventures and Andreessen Horowitz are named as investors in this round.
What does Viggle AI do?
Viggle AI is a Toronto-based generative artificial intelligence startup that specializes in creating videos from simple text and image prompts.
Where is Viggle AI based and how big is it?
Viggle AI is based in Toronto, Ontario, Canada.
Who are the decision-makers at Viggle AI?
Fundz holds 1 contact at Viggle AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Animation and Artificial Intelligence around the same time

Companies in the same sectors as Viggle AI that raised within 45 days of this round, from Fundz verified event records.

  • Numeric raised $28M (Series A) on October 10, 2024.
  • Moselle raised $1.7M (Seed) on October 10, 2024.
  • Social Hardware raised $381K (Seed) on October 10, 2024.
  • KoBold Metals raised $491M (Funding Round) on October 10, 2024.
  • Vieu raised $11M (Seed) on October 10, 2024.
  • RadiantGraph raised $11M (Series A) on October 10, 2024.

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Company Information

Company

Viggle AI

Location

Toronto, Ontario, Canada

About

Viggle AI is a Toronto-based generative artificial intelligence startup that specializes in creating videos from simple text and image prompts. Its technology gained popularity through a viral meme format involving celebrity video edits. The startup aims to provide a unique, controllable video generation experience, differentiating itself from existing pixel-based models. Viggle's platform supports various users, from casual meme creators to professionals in animation and game design.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Viggle AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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