Nvidia and Alphabet VC arms back AI startup Synthesia at $4 billion valuation

In this article

Nvidia

and Alphabet’s

VC arms have backed British AI startup Synthesia in a $200 million funding round, amid a surge of private investment in promising young tech companies seeking to capitalize on the AI boom.

The round sees Synthesia hit a $4 billion valuation and was led by Alphabet’s GV, with participation from Evantic, Hedosophia, Nvidia’s NVentures, Accel, New Enterprise Associates (NEA) and Air Street Capital. It nearly doubles the price tag the startup hit a year ago, when it picked up $180 million in funding, and a valuation of $2.1 billion.