Overview
- Hedra has raised $32 million in a Series A funding round led by Andreessen Horowitz's Infrastructure fund, bringing its total funding to $43 million.
- The funding values the AI video generation startup at $200 million, according to a source involved in the deal.
- Hedra's Character-3 foundation model integrates text, video, and audio to create lifelike, expressive, and controllable AI characters for enterprise and creator use.
- The company plans to use the new funding to train its next-generation model, enhance customization, and develop interactive character features.
- Hedra, which currently employs 20 people, aims to triple its workforce to support enterprise adoption and scale its operations.