UK-based Synthesia Raises USD $50M for AI-generated Video Avatars for Training
Synthesia raises $50M to leverage synthetic avatars for corporate training and more2021-12-08https://techcrunch.com/2021/12/08/synthesia-raises-50m-to-leverage-synthetic-avatars-for-corporate-training-and-more/

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

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