Runway News | Runway raises $141 million to continue building the future of creativity

Runway raises $141 million to continue building the future of creativity

June 29, 2023

by Cristóbal Valenzuela

We are thrilled to announce a $141M extension to our Series C with participation from Google, NVIDIA, Salesforce Ventures, and existing investors, among others.

Runway has been pushing the boundaries of creativity with artificial intelligence for the last five years, and we are excited to continue innovating on a new era of creative tools for artists and creators everywhere. In 2023, we brought to market Gen-1 and Gen-2, the first of their kind video generation models. Today, our entire suite of AI Magic Tools are being used by Fortune 500 and Global 2000 companies, helping tell new types of stories, and streamline workflows.

This funding allows us to further scale our in-house research efforts to continue to bring state of the art multi-modal AI systems to market while building delightful and intuitive product experiences. We will continue to invest in and grow our world class team, hiring across research, engineering, and product. If you’re interested in joining our mission to push creativity forward, see our open roles at runwayml.com/careers.