AI Film and Animation Startup Runway Raises $308 Million in Funding, Valuing It at $3 Billion

Generative AI startup Runway announced $308 million in a new round of funding, which the company said will fund expansion of its film and animation studio. The Series D round of funding was led by General Atlantic with participation from Fidelity Management & Research Company, Baillie Gifford, Nvidia, SoftBank and other new and existing investors. […]

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