UK-based Synthesia announced a $50M Series B round of funding for its AI-generated “synthetic avatars” for training videos. This brings its total raised to $66.6 million. The deal was led by Kleiner Perkins.
Synthesia leverages the same kind of technology and approach used in “deep fakes.” Users can take text-based scripts and create video presentations that are delivered by a talking avatar.
$13.7 billion was invested globally in work tech through Q3 2021 across 299 deals. 2021 is soaring past $17 billion YTD. WorkTech Market Insiders can access insights and analysis of all of the deals in our Q3 report with a free membership.
Source: https://ca.finance.yahoo.com/finance/news/ai-video-avatar-platform-synthesia-140000654.html
