Overview
Synthesia has raised $90m in a Series C funding round led by Accel, taking its valuation to $1bn, and also includes Nvidia and others. The UK multimedia company uses AI to create virtual humans that simulate people’s voices and appearance for use in video and audio content. With the investment, Synthesia aims to upgrade its video avatars, making them more natural in their voice, expression and movement and more customisable. The technology has been used to create more than 12 million videos and the company has over 50,000 businesses as clients.