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General Catalyst Leads $84M Round for Toronto’s Moonvalley, Comcast Ventures Among Other Investors

Summary by Citybiz
New York-based Comcast Ventures, the investing arm of Comcast Corp., has joined a $84 million funding round for Toronto-based Moonvalley, an AI research company building foundational AI video models. The round was led by existing investor General Catalyst, which has offices in New York and Boston. Other participants included Los Angeles-based Creative Artists Agency (CAA) and CoreWeave, and existing investors Khosla Ventures and Y Combinator. Mo…
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citybiz broke the news in on Thursday, July 17, 2025.
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