Adobe Invests in AI Clone Startup Synthesia

Adobe invests in Nvidia-backed startup Synthesia amid soaring demand for AI-generated corporate videos; hits $100M ARR - Tech Startups

Adobe’s venture arm is betting big on AI-generated video. The company has invested in Synthesia, a London-based startup known for turning text into avatar-led videos, in what the companies are calling a “strategic” partnership, CNBC reported. The exact investment amount […] The post Adobe invests in Nvidia-backed startup Synthesia amid soaring demand for AI-generated corporate videos; hits $100M ARR first appeared on Tech Startups.

Adobe Invests in AI Clone Startup Synthesia

Adobe has invested in a British startup called Synthesia, a $2 billion company that creates AI-generated avatars from text prompts for corporate clients.

Adobe Invests in Synthesia as the AI Video Startup Hits $100M Revenue Milestone

Synthesia, the UK-based startup behind AI-generated video avatars for businesses, has secured a strategic investment from Adobe after crossing $100 million in annual recurring revenue. The funding—through Adobe Ventures—underscores Adobe’s growing interest in enterprise AI video tools, as it looks to expand beyond its traditional creative suite.Key Points:Adobe Ventures takes undisclosed stake in UK-based SynthesiaStartup now serves 70% of the F…

UK’s Synthesia secures Adobe Ventures backing, hits $100M in revenue

London-based Synthesia, an AI video platform for enterprises, has announced a strategic investment from Adobe Ventures. The company also reported surpassing $100M (nearly €88.20M) in annual recurring revenue (ARR). With this funding, Synthesia elevates as the UK’s largest generative AI company by revenue and strengthens its position as one of the few European companies with a global presence in the AI sector. Victor Riparbelli, CEO and co-founde…

Synthesia recurring revenue surpasses $100m

Annual recurring revenue (ARR) at London-based AI unicorn Synthesia has surpassed $100m, an almost 300% rise from its 2023 turnover. Launched in 2017, the company’s platform generates realistic, human-like AI avatars that can read out script for corporate training videos and comms. Users can select an existing avatar to read out their scripts, or for an extra fee have the company create a new one based on themselves which mimics their appearance…