Tech Company Financing Transactions
Runway Funding Round
Runway, based in New York, secured $141 million from Google, NVIDIA and Salesforce Ventures.
Transaction Overview
Company Name
Announced On
6/29/2023
Transaction Type
Venture Equity
Amount
$141,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to further scale in-house research efforts, expand its team, and continue to bring multi-modal AI systems to market, while building an intuitive product experiences.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
721 Bdwy.
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Undisclosed
Website
Email Address
Overview
At Runway, we are pioneering original image and video creation techniques and inventing interfaces for powerful synthetic manipulation and editing. Using text to edit video, using video to create video. Applying technology that didn't exist until very recently. We are working to predict-by-inventing the future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cristobal Valenzuela
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