Imaginario AI Secures $1 Million in Pre-Seed Round
Imaginario AI, a Tunisia, Africa-based startup leveraging AI to process video and audio content, has secured $1 million in pre-seed funding.
Imaginario AI, a Tunisia, Africa-based startup leveraging AI to process video and audio content, has secured $1 million in pre-seed funding.
SaaS Investors
The round was led by 216 Capital, with participation from Blue Lake VC, Earthling Ventures, Comcast NBCUniversal, Techstars, and a series of business angels.
Founded in Tunis in 2021 by a team of entrepreneurs, investors, and company builders, 216 Capital is a venture capital firm focusing on early-stage technology companies. At 216 Capital, they invest across sectors in determined and creative founders building transformational businesses.
Imaginario AI Use of Funds
The company will use the funding to support its international expansion, enabling it to grow its teams in the United States, Europe, and the MENA region.
About Imaginario AI
Founded in 2021 by Jose Puga and Abdelhak Loukkal, Imaginario AI provides an AI-powered platform and API that simplifies and accelerates processes related to multimedia content creation and understanding. Major Hollywood studios and media companies, including Warner Bros. Discovery, Universal Pictures, and Cineverse, have reported significant time savings using Imaginario AI's solutions.
Funding Details
Company: Imaginario AI, Inc.
Raised: $1.0M
Round: Pre-Seed Round
Funding Month: December 2023
Lead Investors: 216 Capital
Additional Investors: Blue Lake VC, Earthling Ventures, Comcast NBCUniversal, Techstars
Company Website: https://www.imaginario.ai/
Software Category: AI Video and Audio
