Runway, a startup building generative AI for content creators, raises $141M

June 30, 2023 Josh Artificial Intelligence Comments Off on Runway, a startup building generative AI for content creators, raises $141M

It’s a big day for generative AI funding.
On the heels of Inflection AI landing a $1.3 billion investment, Runway, a startup building generative AI tools for multimedia content creators, today announced a $141 million extension to its Series C round from Google, Nvidia and Salesforce, among others.
Building on the Series C the company announced in December, Runway says that the new capital will be used to scale its in-house research efforts and expand Runway’s headcount.
“We’re focused on how we can continue pushing the boundaries of creativity,” Runway CEO Cris Valenzuela told TechCrunch via email. “The additional …
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