AI video startup Moonvalley lands $53M, according to filing

INSUBCONTINENT EXCLUSIVE:
funding, the company has raised more, according to a filing with the SEC.The filing, submitted Thursday, reveals that Moonvalley actually
landed (so far) around $53 million total from a group of 14 unnamed investors
The filing indicates that this is an additional $10 million in cash, rather than a whole new round
round last November
Moonvalley declined to comment.The wide availability of tools to build video generators has led to such an explosion of providers that the
space is becoming saturated
releasing models at a fast clip
seconds long
creation tools.Many generative-video startups train models on public data, some of which is invariably copyrighted
company then purchases
Stock platform.Moonvalley is also crafting an interface for its model
co-founders revealed in recent interviews
Marey can generate videos from not only text prompts but also from sketches, photos, and other video clips, claims Moonvalley.Naeem
Talukdar, who previously led product growth at Zapier, founded Moonvalley with former DeepMind scientists Mateusz Malinowski and Mik
Binkowski
Moonvalley also counts Asteria head Bryn Mooser as a co-founder
Many artists and creators are understandably wary of video generators, as they threaten to upend the film and television industry
U.S.-based film, television, and animation jobs will be disrupted by AI by 2026.Moonvalley intends to allow creators to request their
to building guardrails around its tools