Twelve Labs earns $50 Million Series A

Video analysis company Twelve Labs announced it raised $50 million in Series A funding to “fuel the ongoing development of its industry-leading foundation models dedicated to all aspects of video.” The round was co-led by new investor New Enterprise Associates (NEA) and NVentures, NVIDIA’s venture capital arm, which recently participated in Twelve Labs’ strategic round in 2023. Previous investors, including Index Ventures, Radical Ventures, WndrCo,... Read More