BRIA, a Tel Aviv, Israel-based provider of a responsible visual generative AI open platform, raised $24M in Series A funding.
The round was led by GFT Ventures, Intel Capital, and Entrée Capital with additional investors including Publicis Groupe, Getty Images, Samsung Next, IN venture (Sumitomo Corporation, Japan), Atinum Investment (South Korea), Z Venture Capital (LY Corporation, Japan), Mirae Asset Venture Investment, J-Ventures, and others.
The company intends to use the funds to expand its variety of generative capabilities such as text-to-video facilities, continue to enhance its open platform for developers, and build its operations globally.
Led by CEO and Founder Dr Yair Adato, BRIA allows developers to integrate generative AI capabilities into any existing product, solution, or system as a source code and pre-trained model, API, and SDK. It collaborates with many of stock image providers and manages over one billion licensed images. These images are used to train BRIA’s text-to-image foundation models while ensuring the original creators, artists, and media companies receive royalties to fairly compensate for their images’ contribution to the final generated output.
BRIA offers visual generative AI-trained models, source code, APIs, and development productivity tools that are revolutionizing the way businesses and developers approach visual generative AI.
FinSMEs
21/02/2024