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 to grow the team and develop new features.
Immersive Fox, a technology startup specializing in AI-generated video for sales and corporate communications, has closed a €3.3 million seed funding round. The goal is to further develop proprietary AI technologies that enable customers to create unlimited video content with 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 is using this seed round to combat the generally difficult market environment in the UK.
The funds will be invested in the further development of cutting-edge technologies. Product and research and development plans include a video analysis tool, an embeddable video player, UI animations and subtitles, and the synthesis of full-body movements from text. Following the funding round, the expansion of sales and attracting new talent is also on the agenda. Immersive Fox plans to double its team by the end of this year in order to open up new markets and strengthen customer relationships.
Video content is gaining in importance
In the age of social media marketing, the question arises as to whether the classic newsletter is dead. Video is increasingly winning the battle for attention: Viewers remember 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 videos on a large scale. Immersive Fox's solution allows clients to create personalized mass videos, generating on average 1 minute of sales video in 1 minute - 7 minutes faster than the nearest competitor. This saves time and money and enables businesses to improve customer experiences, optimize operations and unlock new growth opportunities.
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