TechFlow news, May 15 — According to Tech Funding News, U.S.-based AI video generation platform Hedra announced a $32 million Series A funding round led by Andreessen Horowitz's infrastructure fund, with continued participation from early investors including Index Ventures and Abstract. This brings Hedra's total funding to $43 million.
Hedra's Character-3 foundational model integrates text, images, and audio to create high-quality, character-driven video content. The company plans to use the new funds to expand its team (from 20 to 60 employees by year-end), enhance model performance, and optimize enterprise-grade video production workflows.
Founder and CEO Michael Lingelbach said Hedra aims to address the high cost and slow speed of traditional video production, enabling marketing teams to quickly respond to market trends and efficiently produce brand-aligned video content.
