AI Video Startup Runway Raises $141 Million From Google, Nvidia
Runway’s technology can make short movies based on a few words of text.
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Runway AI Inc., whose artificial intelligence software can create a short video from just a few typed words, has raised $141 million in funding from Alphabet Inc.’s Google, Nvidia Corp., Salesforce Inc. and other investors.
Runway’s new funding, which the company plans to announce Thursday, is an extension of a $50 million Series C financing round in December led by Felicis Ventures. With the new cash infusion, Runway, which has been making AI-based film and editing tools since 2018, has raised about $237 million.