Runway, a New York-based startup developing a suite of generative AI models for media production, has raised $308 million in Series D funding. 

Investors

General Atlantic led the Series D funding round, with participation from Fidelity Management & Research Company, Baillie Gifford, Nvidia, SoftBank, and others. This latest funding brings Runway's total capital raised to $536.5 million. 

General Atlantic is a global growth equity firm that provides capital and strategic support to companies across sectors such as technology, healthcare, financial services, consumer, life sciences, and climate. As of October 1, 2024, General Atlantic manages approximately $100 billion in assets across all strategies and operates in 28 global locations, including offices in cities such as New York (headquarters), London, Hong Kong, Mumbai, São Paulo, and Munich. 

Runway Use of Funds

The company will use the funds to support AI research, hiring, and the growth of its film and animation production arm, Runway Studios. 

About Runway

Runway offers an AI-powered platform for creative professionals in film, music, and media production. The company provides advanced tools for generating, editing, and manipulating images, videos, and other media, with a focus on visual storytelling and animation. Runway also operates Runway Studios, a film and animation production arm, and is exploring partnerships within the entertainment industry. Founded in 2018, Runway has offices in New York, San Francisco, London, and Seattle. 

Funding Details

Company: Runway AI, Inc. 

Raised: $308.0M 

Round: Series D 

Funding Date: April 2025 

Lead Investor: General Atlantic 

Additional Investors: Fidelity Management & Research Company, Baillie Gifford, Nvidia, SoftBank, and others 

Company Website: https://runwayml.com/  

Software Category: AI Media and Creative Tools 

Source: https://techcrunch.com/2025/04/03/runway-best-known-for-its-video-generating-models-raises-308m/