VidLab7 Secures €3.5 Million in Seed Round

by Kay Aloha Villamor in September 17th, 2024

VidLab7, a Munich, Germany-based AI-driven media suite aiming to revolutionize sales processes with personalized video content, has secured €3.5 million in seed funding. 

Investors 

The funding round was led by EQT Ventures and supported by prominent angel investors. 

EQT Ventures is a venture capital firm based in Stockholm, Sweden, that invests in seed-stage, early-stage, and later-stage companies. Founded in 2015, the firm focuses on information technology and SaaS sectors across Europe and the United States. 

VidLab7 Use of Funds 

The funds will support the development of VidLab7’s advanced AI-powered sales suite, including the Eclipse 7.2 AI Model, which enables businesses to create and customize personalized video content and avatars. 

About VidLab7 

Founded by Fabian Beringer and Georgi Anastasov, VidLab7 offers an AI-driven media suite designed to transform sales processes through personalized video content. The platform provides tools for creating, customizing, and animating sales avatars—either user-generated or AI-generated. It integrates with major CRM systems, allowing sales teams to produce hyper-personalized video and voice content to enhance customer engagement and conversion rates. 

Funding Details 

Company: VidLab7 GmbH 

Raised: €3.5M 

Round: Seed Round 

Funding Date: September 2024 

Lead Investor: EQT Ventures 

Additional Investors:  

Company Website: https://www.vidlab7.com/  

Software Category: AI Video and Voice Content Creation 

Source: https://www.eu-startups.com/2024/09/munich-based-vidlab7-gets-e3-5-million-for-ai-driven-synthetic-media-suite-for-sales-teams/

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