A16z leads $32 million Series A funding for AI startup Hedra

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According to ChainCatcher, role-driven video AI startup Hedra has announced the completion of a $32 million Series A funding round, led by Andreessen Horowitz's infrastructure fund, with participation from a16z Speedrun, Abstract, and Index Ventures. A16z partner Matt Bornstein will join Hedra's board of directors.

To date, Hedra's total funding has reached $44 million. The funds will be used to expand the team, optimize foundational model training, and enhance video creation platform features. Since its launch in June 2024, Hedra has attracted nearly 3 million users and generated over 10 million videos.

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