Runway Secures $308 Million Series D Funding Led By General Atlantic With Fidelity And Others
Runway , a generative AI startup focused on media production, has raised $308 million in a Series D round led by General Atlantic , with participation from Fidelity , Baillie Gifford , Nvidia , and SoftBank. Co-founde…
Runway, a generative AI startup focused on media production, has raised $308 million in a Series D round led by General Atlantic, with participation from Fidelity, Baillie Gifford, Nvidia, and SoftBank. Co-founded by CEO Cristóbal Valenzuela, the company develops AI-powered tools for video and image generation, competing with OpenAI and Google. The funding will support AI research, hiring, and the expansion of Runway Studios. Runway recently launched its Gen-4 model, aiming for $300 million in annualized revenue, while facing legal challenges over AI training data.
INVESTORS: General Atlantic, Fidelity, Baillie Gifford, Nvidia & SoftBank
ROUND: Series D AMOUNT: $308,000,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #Runway #GeneralAtlantic #Fidelity #BaillieGifford #Nvidia #SoftBank #CristóbalValenzuela #TradedVC
ABOUT THE DEAL
- Raise
- $308M
- Round
- Series D
- Company
- Runway
- Desk
- Deals
- Filed
- Apr 4, 2025
- Investors