Runway raises $141 million Series C extension
Google, NVIDIA and Salesforce Ventures participated in the June 2023 financing.
Runway announced a $141 million extension to its Series C on 29 June 2023. Google, NVIDIA and Salesforce Ventures participated alongside existing investors and other backers.
The company planned to expand multimodal AI research and recruit across research, engineering and product. Its creative software included the Gen-1 and Gen-2 video models introduced that year.
Use of funds
Expand multimodal AI research
Hire across research, engineering and product