AI video startup Runway raises $308 million, led by General Atlantic

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According to ChainCatcher, Bloomberg reported that AI video generation company Runway raised $308 million in a new funding round, with its valuation soaring to over $3.08 billion.This round of funding was led by General Atlantic, with participation from Nvidia and SoftBank Vision Fund 2.

It is understood that Runway will use the funds to strengthen AI model research and development and expand its creative team. Its software has been applied to Amazon series, Madonna's tour, and Puma advertisements, and the recently launched Gen-4 model supports character and scene consistency, achieving a major technological breakthrough.

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