Luma AI, a San Francisco, CA–based artificial intelligence company building multimodal AGI, has raised $900 million in a Series C funding round.
Investors
The round was led by HUMAIN, with significant participation from AMD Ventures and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners.
HUMAIN, a PIF company, is a global AI delivering full-stack capabilities across next-generation data centers, hyper-performance infrastructure and cloud platforms, advanced AI models. Its end-to-end model serves public and private organizations, unlocking exponential value through human–AI synergies. HUMAIN has a growing portfolio of industry-specific AI products and a mission to advance IP leadership and global talent.
Luma AI Use of Funds
With this new round, Luma AI will accelerate the development of large-scale World Models—foundational systems trained on humanity’s digital footprint across video, audio, images, and language. The company also plans to expand beyond entertainment and advertising into simulation, design, and robotics.
About Luma AI
Founded by Amit Jain, Alex Yu, and Alberto Taiuti, Luma AI is an AI company with a mission to build multimodal general intelligence that can generate, understand, and operate in the physical world. Its flagship platform, Dream Machine, enables creatives to generate professional-grade videos and images. In 2025, Luma released Ray3, a reasoning video model capable of producing physically accurate videos, animations, and visuals. The company’s technology is already embedded in major commercial ecosystems, including Adobe products, and is widely used across entertainment, advertising, and 3D content workflows.
Funding Details
Company: Luma AI, Inc.
Raised: $900.0M
Round: Series C
Funding Date: November 2025
Lead Investor: HUMAIN
Additional Investors: AMD Ventures, Andreessen Horowitz, Amplify Partners, Matrix Partners
Company Website: https://www.lumalabs.ai/
Software Category: Multimodal AGI / AI Infrastructure
Source: https://www.businesswire.com/news/home/20251119678010/en/