AI Video Startup Runway Raises $141 Million

New York – July 5, 2023 – Cooley advised Runway, an artificial intelligence-based video startup company, on a $141 million extension to its Series C from Google, NVIDIA, Salesforce Ventures and existing investors, among others. Partners Sacha Ross and Roy Moran led the Cooley team.

This funding allows Runway to further scale in-house research efforts to continue to bring state-of-the-art multimodal AI systems to market while building intuitive product experiences. Cooley previously advised Runway on its $50 Million Series C financing in December 2022.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,400 lawyers across 18 offices in the United States, Asia and Europe, and a total workforce of more than 3,000.