Tech Company Financing Transactions
Genmo Funding Round
Genmo, based in San Francisco, secured $28.4 million in investment from New Enterprise Associates, Eastlink Capital Management and Essence Ventures.
Transaction Overview
Company Name
Announced On
10/22/2024
Transaction Type
Venture Equity
Amount
$28,400,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
2261 Market Street 5329
San Francisco, CA 94114
USA
San Francisco, CA 94114
USA
Phone
Undisclosed
Website
Email Address
Overview
We are Genmo--building frontier models for video generation to unlock the right brain of artificial general intelligence. Imagine AI that can simulate anything--possible or impossible. Our video generation models act as world simulators, driving breakthroughs in embodied AI by enabling infinite explorations in synthetic realities. Video is the ultimate medium for human-AI interaction, seamlessly integrating text, audio, images, and 3D into one unified experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paras Jain
Browse more venture capital transactions:
Prev: 10/22/2024: Optiwise.ai venture capital transaction
Next: 10/22/2024: Dryad Networks venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs