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Data Center News > Blog > Investments > Haiper Raises $13.8M in Seed Funding
Investments

Haiper Raises $13.8M in Seed Funding

Last updated: March 5, 2024 6:44 pm
Published March 5, 2024
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Haiper, a London, UK-based video-generative AI platform constructing a basis mannequin for visible content material, is popping out of stealth mode with $13.8M in seed funding.

The spherical, which introduced whole funding to $19.2M forward of it elevating a Collection A spherical in 2024, was led by Octopus Ventures.

Based in late 2021 by Dr Yishu Miao (CEO) and Dr Ziyu Wang (CTO), each with PhDs in Machine Studying from Oxford College and former Researchers at DeepMind, Haiper is a video-generative AI platform constructing a basis mannequin for publishers, studios and people. It allows everybody, even these with out technical coaching and expertise, to generate high-quality video content material. Present instruments embrace text-to-video, which allows customers to enter written prompts which then produce quick video content material, from sensible, artistic requests, comparable to a ‘scary online game avatar‘, to enjoyable or thought-provoking prompts that may be shared on social media. Customers have full artistic licence over the course of the content material, and might regularly amend characters, objects, backgrounds, creative kinds and extra, to have granular management over the ultimate visible product. Creators also can add and animate their very own pictures and photographs in a wide range of kinds – from Anime to Lego – and convey them to life. 

Over the subsequent few months, Haiper will develop and launch a collection of huge educated fashions that can allow creativity and creativeness. They’ve partnered with a number of high educational labs from the likes of the College of Oxford, College of Cambridge College of British Columbia, Simon Fraser College, and Style Innovation Company at London Faculty of Style.

See also  IonQ to Acquire Qubitekk

The corporate has expanded its workforce to twenty individuals, in London and in an workplace in Toronto. 

Dr Wang was a key contributor to DeepMind packages AlphaStar and AlphaGo and likewise served as a Workers Analysis Scientist at Google Mind, whereas Dr Miao beforehand based and led the London ML workforce constructing giant language fashions (LLMs) for World Belief & Security at TikTok. The corporate’s co-founders have expertise working alongside AI pioneers, together with Geoffrey Hinton, Nando de Freitas (principal scientist of DeepMind), and Phil Blunsom – at present Chief Scientist at Cohere.

FinSMEs

05/03/2024

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TAGGED: 13.8M, Funding, Haiper, Raises, Seed
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