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Los Angeles-based startup Moonvalley, which is developing AI tools for video creation, has raised a fresh $43 million in venture capital, according to an SEC filing.
The filing lists 11 unnamed investors and comes roughly a week after Moonvalley launched its first AI video-generating model, Marey. Moonvalley previously raised $70 million in seed funding from backers including General Catalyst, Khosla Ventures and Bessemer Venture Partners.
A spokesperson for Moonvalley told TechCrunch that the filing “does not dictate the total funding…
