Haiper Secures $13.8M in Seed Funding, Unveils Revolutionary AI Video Generation Tool

Haiper Secures $13.8M in Seed Funding, Unveils Revolutionary AI Video Generation Tool

Haiper, a London-based startup founded by former DeepMind researchers Dr. Yishu Miao and Dr. Ziyu Wang, has emerged from stealth mode with a significant $13.8 million in seed funding led by Octopus Ventures. This brings the total funding to $19.2 million, setting the stage for its upcoming Series A round in 2024.

The company’s pioneering platform harnesses video-generative artificial intelligence to democratize content creation. Dr. Miao, CEO of Haiper, expressed excitement about the possibilities their technology unlocks, stating, “Our end goal is to build an AGI with full perceptual abilities, which has boundless potential to assist with creativity.”

With a team of 20 experts based in London and Toronto, Haiper is poised to disrupt the content creation landscape. Dr. Wang, Haiper’s CTO, brings his experience from DeepMind and Google Brain to the table, ensuring the platform’s technical prowess.

Haiper’s platform empowers users to generate high-quality video content effortlessly. Through simple text prompts or uploaded images, users can create captivating animations with granular control over details like characters, backgrounds, and artistic styles. Additionally, Haiper’s app, currently in beta, offers features like video repainting, allowing users to modify videos with different colors, textures, and elements using text descriptions.

The company’s strategic partnerships with academic institutions like the University of Oxford and the University of Cambridge underline its commitment to innovation. By leveraging insights from physics and contextual understanding, Haiper aims to bridge the gap between AI-generated content and reality.

Investors recognize the potential of Haiper’s technology, with Octopus Ventures and other prominent firms backing its vision. Rebecca Hunt from Octopus Ventures expressed optimism about the trajectory of AI video generation, likening it to the early days of AI in text.

As Haiper charts its course in the dynamic landscape of AI-driven content creation, it remains focused on building a vibrant community around its technology. By fostering collaboration and embracing feedback from developers, the company aims to redefine how we conceive and interact with video content in the digital age.

With its innovative approach and strong backing, Haiper is poised to lead the charge in revolutionizing content creation, making it accessible and engaging for users worldwide.

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