Captions, an AI-driven creative studio platform, has raised $60 million in Series C funding led by Index Ventures, bringing its total capital raised to $100 million and valuing the company at $500 million. The investment aims to expand Captions’ machine learning team, in-house research, and technical infrastructure, as well as to further its mission of making high-quality video creation accessible to all. The company has recently launched several generative technologies, including a 3D avatar, advanced video editing tool, and AI-driven lip synchronization, contributing to significant growth and recognition in the AI community. Other prominent investors in this funding round include Kleiner Perkins, Sequoia Capital, Andreessen Horowitz, HubSpot Ventures, Adobe Ventures, and Jared Leto.

Artificial Intelligence, Video Production and Editing, Technology Investment,United States