AI video generation startup Immersive Fox secures €3.3m in seed funding

London-based AI video generation startup Immersive Fox has received €3.3 million in seed funding to advance its proprietary AI technology for creating personalized videos. The funding will be used for team growth and new feature development.

Immersive Fox, a technology startup specializing in AI-generated videos for sales and corporate communications, has closed a €3.3 million seed funding round. The goal is to further develop proprietary AI technologies that allow customers to create unlimited video content using their face and voice. The funding comes from three well-known venture capital firms: Redseed VC, Monte Carlo Capital and Altair. Immersive Fox was founded by Alisa Patotskaya and Stella Schuck in Londong in 2021, and with this seed round is bucking the generally difficult market environment in the UK.

The funds will be invested in the further development of cutting-edge technologies. Product and R&D plans include a video analytics tool, embeddable video player, UI animations and subtitles, and synthesis of full-body motion from text. Following the funding round, expanding sales and attracting new talent is also on the agenda. Immersive Fox plans to double its team by the end of this year to enter new markets and strengthen customer relationships.

Video content gaining traction

In the age of social media marketing, the question is whether the traditional newsletter is dead. In the battle for attention, video is increasingly winning: Viewers retain 95% of a message when they see it as a video, compared to 10% when reading a text. Yet few have the resources to produce video at scale. Immersive Fox's solution enables clients to create personalized mass videos, generating on average 1 minute of sales video in 1 minute - 7 minutes faster than the nearest competitors. This saves time and money, and enables businesses to improve customer experiences, streamline operations, and unlock new growth opportunities.