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Venture Capital News: Pika Scores $35M Series A Funding Round

2023-11-28
PALO ALTO, CA, Pika, an AI video platform that is redesigning the video-making and editing experience, announced its Series A funding round of $35 million.
The round was led by Lightspeed Venture Partners. With this latest round, Pika has raised a total of $55 million in the company's first six months with Pre-Seed and Seed rounds led by Nat Friedman and Daniel Gross. Additional investors include other prominent angel investors in AI, including Elad Gil, Adam D'Angelo (Founder and CEO of Quora), Andrej Karpathy, Clem Delangue (Co-Founder and CEO of Hugging Face and Partner at Factorial Capital), Craig Kallman (Chairman and CEO of Atlantic Records) and Alex Chung (Co-Founder of Giphy), as well as venture firms such as Homebrew, Conviction Capital, SV Angel and Ben's Bites.

Pika is an AI video platform that allows anyone to bring their creative vision to life. The company is redesigning the video-making and editing experience with AI, providing a tool that is effortless and accessible to everyone.
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