Runway Raises $315 Million at a $5.3 Billion Valuation

Runway is a leading applied AI research company dedicated to ushering in a new era of storytelling through generative video and multimodal artificial intelligence. By developing sophisticated creative tools that bridge the gap between imagination and digital media, the platform empowers filmmakers, artists, and creators to generate and edit cinematic content using high-fidelity AI models. Its flagship Gen models and comprehensive suite of creative utilities have set the industry standard for video synthesis, enabling users to transform text, images, or existing clips into professional-grade visual narratives with unprecedented control.

Runway has raised $315 million in its latest funding round, bringing its post-money valuation to $5.3 billion. The round was led by General Atlantic, with significant participation from NVIDIA, Fidelity Management & Research Company, AllianceBernstein, Adobe Ventures, Mirae Asset, Emphatic Capital, Felicis, Premji, and AMD Ventures.

Runway, headquartered in New York, New York, United States, was founded in 2018 by Cristobal Barrera, Alejandro Ortiz, and Anastasis Germanidis. In 2023, the company joined the unicorn club. "This capital lets us pre-train the next generation of world models and bring them to new products and industries," wrote Runway co-founder and CEO Cristobal Barrera in the company's post.