Pika Labs, a generative video startup, raised $80 million in June 2024. The financing brought its total funding above $130 million and valued the company at around $700 million.
Pika announces an $80 million funding round one year after its Stanford founders launch the generative video startup. The round follows the company’s debut on Discord, release of its 1.0 model, and rollout of its web app. Pika’s stated aim is to let anyone make video on command.
Jun 2024 · PikaNews article
Pika, which is building AI tools to generate and edit videos, raises $55M
Pika, a startup building AI tools to generate and edit videos, raises $55 million in a funding round led by Lightspeed Venture Partners. Homebrew, Conviction Capital, SV Angel, and Ben’s Bites also participate, according to the announcement.
Pika announces early access to Pika 1.0, a suite of generative video tools for editing and restyling videos. The tools support 3D animation, anime, and cinematic modes.