Confidential - Do not share without permission
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Confidential - Do not share without permission
Back
Performance
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Pika is transforming the video production landscape with its advanced AI-driven platform, enabling anyone to create high-quality videos effortlessly.
Memo Highlights
Round
$80M Series B @$390M pre
Investors
Spark, Lightspeed, Greycroft, Conviction, Neo, Aravind Srinivas, Aaron Levie, Mike Vernal, Jared Leto, Elad Gil, SV Angel, Homebrew, Adam D'Angelo, Clement Delangue, Andrej Karpathy, Daniel Gross, Nat Friedman
Date
August 2024
Questions
team@joinbeyond.coConfidential
Do not share
Deck only available via Desktop
Highlights
Pika have built one of the best video generation tools (akin to OpenAI's Sora & Runway ML). With a very strong technical team and new capital, they can further commercialize & improve their product. Notably, Runway is reportedly raising a round at $4B right now, an estimated ~8.5x our entry price for this Pika round.
(Full memo hidden as round closed)
Memo
Pika have built one of the best video generation tools (akin to OpenAI's Sora & Runway ML). With a very strong technical team and new capital, they can further commercialize & improve their product. Notably, Runway is reportedly raising a round at $4B right now, an estimated ~8.5x our entry price for this Pika round.
(Full memo hidden as round closed)