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Synthesia Secures $180M, Boosting Valuation to $2.1B

1/15/2025

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Summary

Story summary

Synthesia, a London startup, secured $180 million, raising its valuation to $2.1 billion.
NEA led the funding round, joined by Atlassian Ventures and PSP Growth.
The platform allows businesses to produce AI-generated videos with human avatars, serving 60,000 enterprise customers.
Plans include improving avatar realism and expanding into the Asia Pacific region.
The company achieved over $70 million in revenue last year, doubling from 2022.

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Story summary

Synthesia, a London startup, secured $180 million, raising its valuation to $2.1 billion.
NEA led the funding round, joined by Atlassian Ventures and PSP Growth.
The platform allows businesses to produce AI-generated videos with human avatars, serving 60,000 enterprise customers.
Plans include improving avatar realism and expanding into the Asia Pacific region.
The company achieved over $70 million in revenue last year, doubling from 2022.