On April 21, 2021 Synthesia, the AI video company, that has built and operates the world’s first and largest AI video platform, reported a $12.5M Series A financing round led by Matt Turck from FirstMark Capital with participation from all existing investors (Press release, UCLB, APR 21, 2021, View Source [SID1234578291]). The round is the largest investment to date in the synthetic AI video space.

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Founded in 2017 by technology entrepreneurs Victor Riparbelli, Steffen Tjerrild and world-renowned professors of computer vision Matthias Niessner and Lourdes Agapito, Synthesia is focused on reducing the friction of video creation and making it possible for anyone to create professional-looking videos in minutes, directly from their browser.

The funding will be used to fuel both Synthesia’s rapid enterprise user growth and product development of their AI video generation platform.