Hedra, the AI video generation platform behind over 10 million lifelike videos, has raised $32 million to bring AI-powered video creation to enterprise marketers.
The series A funding round was led by Andreessen Horowitz’s Infrastructure fund (a16z Infra), with participation from existing investors, including a16z speedrun, Abstract, and Index Ventures. This round brings the company’s total funding to $44 million since its last announced fundraise in 2024.
In the fight for audience attention, video wins – but producing it remains out of reach for most companies, says Hedra. [Read more…] about Hedra raises $32 million to build ‘leading’ generative AI platform for digital characters