Moonvalley Raises $53M, Total $124M for AI Video Tools

Los Angeles-based AI video creation startup Moonvalley has raised an additional $10 million, bringing its total funding to approximately $124 million following a $70 million seed round last November. The funding, disclosed via an SEC filing, attracted 14 unnamed investors and underscores the growing venture capital interest in generative video technology amid a crowded market of competitors like Runway, Lightricks, and tech giants including OpenAI and Google. Moonvalley's Marey model, developed with AI animation studio Asteria, offers unique features such as fine-grained camera and motion controls to generate HD clips up to 30 seconds, aiming to differentiate itself with enhanced customization and lower legal risks. Unlike many startups that train models on publicly available data, often leading to copyright disputes, Moonvalley collaborates with partners to secure proper licensing and curate datasets, implementing user-focused safeguards including indemnity policies and content removal options. This approach reflects a strategic emphasis on legal compliance and user protection, resonating with increasing scrutiny from rights holders and setting Moonvalley apart in the competitive AI video creation space. The company has not publicly commented on the recent funding details.