What does Moments Lab do?
Moments Lab uses its MXT multimodal AI to analyze videos by breaking them down into meaningful scenes, identifying key figures, actions, settings, and soundbites. This technology makes audiovisual content searchable and assists content producers in efficiently sourcing the essential moments needed to tell a story.
How much did they raise?
The company secured $24M in a funding round led by Oxx, with additional participation from Orange Ventures, Kadmos, Supernova Invest, and Elaia Partners.
What are their plans for the money?
The funds will be used to accelerate its U.S. expansion and advance research and development efforts, potentially transforming video content creation processes and reducing the time needed to identify and curate key moments.
What have they achieved so far?
Moments Lab has already demonstrated success by helping TV networks, production companies, sports rights holders, and brands scale their content creation workflows and generate new revenue streams.
