Develops large multimodal video-understanding AI for search, classification and summarization.
| Date | Round | Amount |
|---|---|---|
| Dec 2024 | Funding round Twelve Labs raised about $30M in strategic funding from Snowflake, Databricks, SK Telecom, HubSpot Ventures and In-Q-Tel for its video-understanding AI. | $30M |
| Oct 2023 | Funding round Video-understanding AI startup Twelve Labs raised KRW 14B from investors including NVIDIA (NVIDIA's first investment in a Korean-founded company). | $11M |
| Dec 2022 | Seed Video-AI search startup Twelve Labs raised an additional 16B KRW to close a 22B KRW seed round. | $12.3M |