AI startup Captions raises $60 million in funding, led by Index Ventures

ChainCatcher news, according to Bloomberg, AI startup Captions has completed a $60 million funding round, led by Index Ventures, with participation from Kleiner Perkins, a16z, Sequoia Capital, and actor Jared Leto. This brings its total funding to $100 million, with a valuation of $500 million.

It is reported that Captions was founded in 2021 and uses AI technology to help people create, edit, and distribute videos.