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0.000127975428717752 9.59815715383592E-05 0.00057588942922961 -3.19938571793925E-05 -0.00108779114410025 -0.000191963143076537 -0.000671871000767787 -0.0111658561556182
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Mirelo raises $41M from Index and a16z to solve AI video's silent problem [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG) 
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US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: TechCrunch
Earlier this year, the Berlin-based startup released Mirelo SFX v1.5, an AI model that interprets videos to add synced sound effects (SFX). This attracted attention from VCs gearing up for a generative AI revolution in games . The two-year-old German startup has raised a $41 million seed round led by Index Ventures and Andreessen Horowitz, TechCrunch learned exclusively. This new capital will help Mirelo compete more effectively in its emerging category. While it was still in stealth mode and resource-constrained, large companies such as Sony and Tencent released video-to-SFX models. So did Kuaishou-owned Kling AI, out of China, and ElevenLabs , which is also backed by a16z. While Mirelo already differs from them by its narrower focus, beating these models in the long run requires the startup to make additional hires. Altogether, the startup expects its team of 10 people to “double if not triple” in headcount by the end of next year, Mirelo CEO and co-founder CJ Simon-Gabriel t Show less Read more
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