BRIA Raises $24M in Series A Funding to Expand its Visual Generative AI Platform
Tel Aviv-based provider BRIA has secured $24 million in a recent Series A funding round. The company plans to use the investment to expand its range of generative capabilities, including text-to-video facilities, enhance its open platform for developers, and scale its operations globally.
Led by CEO and Founder Dr. Yair Adato, BRIA offers a responsible visual generative AI open platform that allows developers to integrate generative AI capabilities into any existing product, solution, or system through source code, pre-trained models, API, and SDK. The company collaborates with various stock image providers and manages a vast collection of over one billion licensed images.
BRIA’s visual generative AI-trained models, source code, APIs, and development productivity tools are transforming the way businesses and developers approach visual generative AI. The platform enables users to create visually stunning outputs by leveraging cutting-edge AI technology.
The Series A funding round was led by GFT Ventures, Intel Capital, and Entrée Capital, with participation from renowned investors including Publicis Groupe, Getty Images, Samsung Next, IN venture (Sumitomo Corporation, Japan), Atinum Investment (South Korea), Z Venture Capital (LY Corporation, Japan), Mirae Asset Venture Investment, J-Ventures, and others.
An essential component of BRIA’s platform is its library of images used to train text-to-image foundation models. Crucially, the company ensures that the original creators, artists, and media companies receive royalties to fairly compensate for their images’ contribution to the final generated output.
This latest funding will enable BRIA to further develop its generative capabilities, strengthen its open platform, and expand its services on a global scale. With the support of prominent investors, BRIA is well-positioned to continue revolutionizing the visual generative AI industry and drive innovation forward.
Analyst comment
Positive news. The market is expected to respond favorably to BRIA’s successful Series A funding round, which will allow the company to expand its range of generative capabilities, enhance its open platform, and scale operations globally. With the support of prominent investors, BRIA is well-positioned to revolutionize the visual generative AI industry and drive innovation forward, which is likely to result in increased market growth and adoption of their platform.
