Startup that uses Deepfakes for movie dubbing raises USD 20 Mn in Series A

Deepdub, an AI-based entertainment localisation startup based out of Tel Aviv, Israel has raised USD 20 million in Series A funding led by New York-based global venture capital and private equity firm Insight Partners, with participation from existing investors Booster Ventures and Stardom Ventures and new investors Swift VC. Angel investors joining this round include Emiliano Calemzuk (former President of Fox Television Studios), Kevin Reilly (former CCO of HBO Max), Danny Grander (co-founder of Snyk), Roi Tiger (VP, Engineering at Meta), Gideon Marks and Daniel Chadash. The fresh funds will be used to expand the global reach of the company's sales and delivery teams. Deepdub plans on strengthening the R&D team with excellent researchers and developers and will improve its deep-learning based localisation platform. "This funding round is an acknowledgement of the revolutionary technology that we have built, taking generative AI to an industry where every pixel and every sound wave is rigorously examined. By creating a deep learning platform that can generate without fail, we have consistently left our clients in awe," said Nir Krakowski, co-founder and CTO of Deepdub.