AI video generation startup Runway rolls out $10 million VC fund: Report – The Economic Times

The Economic Times


Artificialintelligence (AI) video generation startup Runway has launched a $10 million venture fund to back early-stage startups, according to a report by TechCrunch on Tuesday.

The New York-based company’s Builders Programme will support startups from seed to Series C stages across AI, media, and world simulation, which refers to startups building technology that can model, recreate, or simulate parts of the real world digitally using AI.

Participating startups will also receive free API credits, allowing them to access and build on Runway’s proprietary AI models at reduced cost, the report added.

The move underscores Runway’s broader strategy to build an ecosystem around what it calls “video intelligence,” implying AI systems capable of generating, editing, and understanding video content at scale.

Runway’s cofounder and chief innovation officer, Alejandro Matamala-Ortiz, said the goal is to support emerging use cases across industries that the company itself may not yet have the capacity to fully pursue.

Fund structure