Is a
Funding Round attributes
Funding Type
Funded Company
Funding Round Amount (USD)
650,000
Investment
Announcement URL
Funding Round Date
November 1, 2024
Morfeu AI recently secured $650,000 in a pre-seed funding round, with contributions from Nvidia, Microsoft Founders Hub, OpenAI, and private investors. This capital will support the development, marketing, and team expansion of its innovative AI-powered video storytelling app, Laila, which enables quick, text-to-video generation. The funding precedes the planned launch of Laila at Web Summit 2024, where Morfeu aims to showcase its GenAI video engine's potential to revolutionize video content creation. With the creator economy on the rise, Morfeu positions itself as a key player in meeting scalable video production needs.
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