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.
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