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Venture Capital News: Runway Announces $141M Series C Extension

2023-06-29
NEW YORK, NY, Runway today announced it has raised a $141 million extension to its Series C round.
Runway, an applied AI research company building the next generation of creative tools, today announced it has raised a $141 million extension to its Series C from Google, NVIDIA, Salesforce Ventures, and existing investors, among others. The company will leverage this new financing to further scale in-house research efforts, expand its world-class team, and continue to bring state-of-the-art multi-modal AI systems to market, while building groundbreaking and intuitive product experiences.

Runway is an applied AI research company shaping the next era of art, entertainment and human creativity. The company conducts research in multi-modal AI systems, builds infrastructure to safely deploy models, and invents products and applications that leverage new techniques for multimedia content.
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