France-based video post-production startup Aive has announced that it has raised EUR 12m (USD 13.9m) in Series A funding, just over a year since its official launch. The round was led by international investment firm Invus.
After uploading a video to the platform, Aive’s AI co-pilot enables users to generate new videos in any length or format, to be published across multiple platforms or channels. The platform also enables users to add subtitles or localize the videos into other languages.
Commenting on the funding, Olivier Reynaud, Co-Founder and CEO at Aive posted on LinkedIn, “We’re revolutionizing how marketers and creatives — at brands, agencies, TVs, Production Companies, Social Networks — produce, adapt, and deliver video content.”

