TechCrunch
TechCrunch is a news website focused on information technology companies, ranging in size from startups to established NASDAQ-100 firms.
Los Angeles-based startup Moonvalley, which is developing AI tools for video creation, has raised a fresh $43 million in venture capital, according to an SEC filing. The filing, which lists 11 unnamed investors, comes roughly a week after Moonvalley launched its first AI video-generating model, Marey. Moonvalley previously raised $70 million in seed funding from backers including General Catalyst, Khosla Ventures, and Bessemer Ventures. A spokesperson for Moonvalley told TechCrunch that the filing “does not dictate the total funding number” and that “the actual number will be formalized and announced...