Hedra, a San Francisco, CA-based provider of AI-powered tools for generating video content with human characters, raised $10m in seed funding.
Backers included Index Ventures, Abstract, and Andreessen Horowitz, as as well as Jon Barron, David Benhaim, Kevin Hartz, Greg Mark, Robyn Peterson, Nikhila Ravi, John Rogovin, Bilawal Sidhu, and Outset Capital.
Hedra is building next generation storytelling technology to empower content creators and enterprise marketers to tell narratives at scale. They arere starting by releasing Character-1, a fast video foundation model that offers a longer-form generation and brings control over character-centric video.
Since its release in June, more than 350,000 users have created over 1.6 million video generations on the platform.
The team is now focused on building a new type of multimodal studio that complements its foundation model. Hedra will integrate story, sound, and video generation into one unified workflow tool, allowing users to create customizable digital avatars or characters with unique appearances, voices, and personalities. The platform will streamline content creation and will empower brands and creators to captivate audiences in new ways.
FinSMEs
05/08/2024