AI video generation tool Haiper has completed a $13.8 million seed round financing, led by Octopus Ventures
ChainCatcher news, according to TechCrunch, AI video generation tool Haiper has completed a $13.8 million seed round financing, led by Octopus Ventures, with participation from 5Y Capital. Haiper had previously completed a $5.4 million Pre-Seed round financing in April 2022, with angel investors including Phil Blunsom and Nando de Freitas.
It is reported that Haiper was launched by former DeepMind members Yishu Miao and Ziyu Wang. Users can generate videos for free on the Haiper website by inputting text prompts, although there are certain limitations. Haiper is planning to expand its video generation capabilities and has been exploring commercial use cases with companies such as JD.com.
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