Runware, a San Francisco, CA-based media generation API startup, raised $3m in seed funding.
Backers included A16Z’s Speedrun, LakeStar’s Halo II , Lunar Ventures, Begin Capital, Zero Prime and others.
The company intends to use the funds to expand operations and its development efforts.
Led by Flaviu Radulescu, Runware is a generative mediatech startup, delivering the fastest and most economical solutions for high-quality visuals. The company offers the most affordable generative media from custom hardware, all powered by green energy. Runware provides full access to the SD ecosystem, enabling users to mix and match models and technologies via a single API, without requiring AI expertise, and allowing integration of their own models.
Runware leverages proprietary data centers equipped with custom-designed servers, GPUs, and efficient cooling, all powered by hydro and solar energy. Additionally, it enables any company to integrate AI into any application via a single API call.
The platform has generated over 2.5 billion images for millions of users, powering mass market media generation for some of the world’s most popular image generation services.
FinSMEs
01/10/2024