Los Angeles-based startup Moonvalley, specializing in AI tools for video creation, has secured $43 million in new venture capital from 11 undisclosed investors, as per an SEC filing. This funding round follows the recent launch of Moonvalley’s AI video-generating model, Marey, marking a significant milestone for the company. Moonvalley had previously raised $70 million in seed funding, demonstrating strong investor interest in their innovative technology.
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